Crude Oil WTI Technical Analysis: Oil hits new 2018 high at $75.15 a barrel
|- Crude oil keeps pushing higher as it hit a new 2018 high at $75.15 a barrel.
- The next resistances to the upside are likely located near 74.71 November 17, 2014 low, the 75.00 figure and 75.45 November 24, 2014 low.
- Support is seen near the 74.00 figure and 73.25 November 14, 2014 low.
Crude oil WTI 15-minute chart
Spot rate: 75.09
Relative change: 1.54%
High: 75.14
Low: 73.89
Trend: Bullish
Resistance 1: 74.71 November 17, 2014 low
Resistance 2: 75.00 figure
Resistance 3: 75.45 November 24, 2014 low
Resistance 4: 76.00 figure
Support 1: 74.00 figure
Support 2: 73.25 November 14, 2014 low
Support 3: 73.06, 2018 high
Support 4: 72.83 June 27 swing high
Support 5: 72.00 figure
Support 6: 71.19 May 23 low
Support 7: 70.53 May 24 low
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