At the session low, prices tested the 200-bar moving average on the 4-hour chart, currently at $61.18—a key technical support level. Just below, additional support is seen at the 100-bar moving average on the same timeframe, which comes in at $60.45.
A break below these levels would tilt the bias further to the downside, while holding above could keep short-term buyers engaged.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about crude oil futures settle at 61 57 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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