The price of WTI crude oil is settling at $69.65. That is down $0.64 or -0.89%. The low for the day reached $68.84. The high was at $70.50. Looking at the daily chart, the price high from Friday’s trade stalled right under the 100-day moving average is $71.30. Stay below that moving average keeps the sellers more in control.
This article was written by Greg Michalowski at www.forexlive.com.
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