Crude oil snaps It's three day run to the upside ...Middle East

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Crude oil snaps Its three day run to the upside

The price of crude oil settled today and $77.50. That was down -$1.32 or -1.67% on the day. The fall snapped it three day streak of gains that saw some the price move up from a low of $72.84 to a high price yesterday of $79.27. The high price today reached $79.09, while the low price reached $77.41.

Technically, the price moved above a trend line yesterday. The next key target on the daily chart would be the 50% midpoint of the move down from the September 2023 high. That level is at $80.15.

    Today the price could not stretch any further to the upside. However, the low price did stalled against the broken trendline. That level comes in and $77.34. The low price came in at $77.41.

    This article was written by Greg Michalowski at www.forexlive.com.

    Hence then, the article about crude oil snaps it s three day run to the upside 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.

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