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Crude oil pounds against the swing area support at $82.35
In the earlier video (see above), I spoke of the key swing area in the crude oil at a swing area between $82.35 and $83.32. Since then the price moved up but only to $83.37 - just above the high of the swing area. Since then, the price has rotated back down over the last few hours of trading and currently trades at $82.41. The new low for the day just reached $82.12.So the swing air was broken, and failed with a price currently above the $82.35 level, but we aren't exactly running to the upside...
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Posted: Oct 5 2023, 19:56
Author Name: forexlive
Views: 102133
