WTI crude oil futures settle at $78.47
The price of WTI crude oil futures are settling at $78.47. That's up $1.33 or 1.78%. Yesterday the price settled at $77.14. The low price today reached $77.08. The high price extended up to $78.57.Looking at the hourly chart, the price has moved back above the 200 hour moving average. Moving average currently comes in at $77.14. The next target comes in $79.15 where the 38.2% retracement of the move down from the November high to the December low. This article was written by Greg Michalowski at www.forexlive.com.
The price of WTI crude oil futures are settling at $78.47. That's up $1.33 or 1.78%. Yesterday the price settled at $77.14.
The low price today reached $77.08. The high price extended up to $78.57.
Looking at the hourly chart, the price has moved back above the 200 hour moving average. Moving average currently comes in at $77.14. The next target comes in $79.15 where the 38.2% retracement of the move down from the November high to the December low.
This article was written by Greg Michalowski at www.forexlive.com.
