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WTI Price Analysis: Bulls aim for swing highs near $76.50
WTI prices are in no mood to slow down its previous momentum on the last trading day of the week in the initial Asian trading hours. The supply-chain bottlenecks underpins the demand for the crude oil. At the time of writing, WTI is trading at $75.20, up 0.32% for the day. chart On the daily chart, WTI has been in the continuous uptrend after testing the low of $61.79 on August 20. The prices have been consolidating near $75.60 for the past five-session, making it a crucial level to trend. If WTI sustains above the intraday high it would retest the previous day’s high of $75.90 as the first upside target. chart ... (full story)