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Technical analysis: Crude oil pushes toward the lows

Discussion in 'Market News' started by ForexLive, Dec 17, 2015.

  1. ForexLive

    ForexLive Forum Member

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    $34.53 was the Monday low The price of the most active crude oil contract, has traded to a low of 34.63 today - down 2.25% on the day. It is currently trading around $34.75. The low on Monday extended to $34.53. The high for the week squeezed up to $37.88 on Tuesday, but the inventory data yesterday sent the price tumbling again.

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