Crude oil rebounds after lows from Friday hold support

The price of crude oil has seen a bounce back higher after lows for the day at $87.25 stalled ahead of the lows from Friday at $87.01.

Crude oil pushes toward swing area and the falling 100H MA

The move back to the upside has seen the pair move up to test the high from Friday at $90.75. Just above that is the falling 100 hour MA at $90.82. Get and stay above that MA would increase the bullish bias.

Ethan Andrews

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