Technically, the price at session lows has been finding support at the 61.8% of the move up from the mid_December low. The price tested that level 3 separate times and each time bounced.
The current price is just below the 100-hour MA at $73.20 (blue line on the chart below). The 200 hour MA is at $73.91. Getting above both is needed to increase the bullish bias today and going forward. Staying below would be more bearish technically.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about crude oil futures settle at 73 16 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Crude oil futures settle at $73.16 )
Also on site :
- Nigel Farage’s Reform UK party receives second big donation from crypto investor
- Canadian Actress Elle-Máijá Tailfeathers Returns Toronto Film Critics Award in Response to Censorship of Pro-Palestine Speech
- Russian Ambassador to Canada: “Ottawa” supported use of force against Iran, & our relations have been in a ‘Deep Freeze’ since 2014