Crude oil trades to a new cycle high

OPEC+ news sends the pair higher

The price of crude oil has pushed to a new cycle high above the $76.20 high from Thursday’s trade.  The price reached $76.31.  That takes the price to the highest level since October 3, 2018 when the high reached $76.88. A move above that level would  November 21, 2014

OPEC+ news sends the pair higher

Source:https://www.forexlive.com/technical-analysis/!/crude-oil-trades-to-a-new-cycle-high-20210705

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