Crude Oil after yesterday bullish spike managed today to rise intraday above the previous 2023 top, a static resistance positioned at 83.54 $/barrel that was traded in April.
At the moment is premature to assess either the possibility of a confirmed gained territory or a retracement that would build a trading range area.
At the moment the commodity is trading at 83.55, up 0.76%, but clearly down from its intraday high 84.65.
