WTI Price Forecast: Hovers Near Three-Week High, Below $85.00, Bulls Target Break Above 100-SMA
WTI crude oil touched a near three-week high earlier during Wednesday's Asian session, but resistance at the $85.00 level is evident, with bulls failing to extend gains above…
WTI crude oil touched a near three-week high earlier during Wednesday's Asian session, but resistance at the $85.00 level is evident, with bulls failing to extend gains above that threshold. The current live quote stands at $84.68, with market focus centered on the potential for a further break above the 100-day simple moving average (100-SMA).
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