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Crude oil stalls the fall near the low from yesterday, and bounces.
Crude oil trading has the seen volatile up-and-down price action. The current price is trading at $78.60 down about $0.30 or -0.37%. Looking at the hourly chart, the low price today reached $77.59 and at the low, tested the low price from yesterday (which reached $77.62). Buyers were waiting near the lows, and have pushed the price back to the upside. That rise has taken the price back toward the $79 level. Recall that the price traded down to the $79 level last week and found support on each te...
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Posted: Aug 24 2023, 15:26
Author Name: forexlive
Views: 102590