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Commodities

Crude Oil WTI found support at 67 $/barrel and bounced

MarketsFN Team

•1 min read
Crude Oil WTI found support at 67 $/barrel and bounced

The commodity found support on Wednesday in area 67$/barrel and today is the third consecutive positive session. Next relevant resistance in the short term area 72.86 and then 75. Below 67 possible test in area 63.64, which is both a double bottom and a 2023 low. At the moment Crude Oil is advancing by 0.63% to 69.78

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#Crude Oil#technical analysis
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