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Commodities

Crude Oil Futures WTI makes an intraday 2023 high at 84.65 $/barrel

MarketsFN Team

•1 min read
Crude Oil Futures WTI makes an intraday 2023 high at 84.65 $/barrel

Crude Oil after yesterday bullish spike managed today to rise intraday above the previous 2023 top, a static resistance positioned at 83.54 $/barrel that was traded in April.

At the moment is premature to assess either the possibility of a confirmed gained territory or a retracement that would build a trading range area.

At the moment the commodity is trading at 83.55, up 0.76%, but clearly down from its intraday high 84.65.

#Crude Oil#technical analysis
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