Apr 23, 2019
Oil Technical Analysis: WTI hovering below $66.00 a barrel as Asian markets open
Oil daily chart
- WTI is trading in a bull trend above its main simple moving averages (SMAs).
Oil 4-hour chart
- Crude oil WTI jumped to $66.00 a barrel.
Oil 30-minute chart
- Crude oil will most likely need to correct down to 65.20 or 64.60 in the short-term.
- The level to beat for bulls is seen at 66.00. The next resistance in line is seen at 66.40 level.
Additional key levels