Crude oil settled at $63.41. Up $1.13 on the day ...Middle East

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On the downside, a swing area between $61.45 and $61.94 has provided solid support, holding both yesterday and today. As long as price action stays above that zone, buyers are still in play. However, the real test for bullish conviction remains a move through the 100-day moving average.

This article was written by Greg Michalowski at investinglive.com.

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