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Up $0.94 on the day
The price of crude oil futures are settling at $69.85. That is up $0.94 on the day.
The high reached $70.42.
The low reached $68.80.
The price over the last 4 days has traded above and below the 100 day MA (blue line) with the last two days, the close around the MA level. Today, the price moved away from the 100 day MA at $68.90. Buyers took more control. The highs in September reached $71.26 and $71.41. Those are targets now.
This article was originally published by Forexlive.com. Read the original article here.