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US crude oil settles the week at $67.75. Near unchanged on the day.

September 7, 2018 by admin 0 Comments

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Down -$0.02 or -0.03% on the day.

The price of crude oil fell -$0.02 or -0.03% at $67.75.

The high for the day traded up to $68.08.

The low reached $66.86.

The close today, is closer to the highs.

Technically, this week, the price fell below the 100 day MA at $68.85. For shorts that is a risk level. The pair remains above a lower trend line and 200 day MA at $65.32. Back in August, the price stalled at the 200 day MA and bounced (bounced off the trend line too).

ForexLive

This article was originally published by Forexlive.com. Read the original article here.