WTI Rises as 50MA Poses Temporary Challenge, Bearish Trend Prevails
WTI is moving up today following the geopolitical tension in the Middle East where the 50MA may be temporarily a challenge for the price. The resistance area is between 74 and 76, while support is at 68. The trend is currently bearish.
|
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
|
81 |
78 |
74 |
70 |
68 |
64.9 |