Crude oil tests its 200 hour MA at $75.78 ...Middle East

The price of crude oil is down around -$2.00 on the day or -2.56% and in the process is testing the 200 hour MA at $75.78. The last time the price tested that MA, although the price briefly moved below, the buyers stalled the fall, and pushed the price higher. Do buyers come in again? Key barometer for oil here. This article was written by Greg Michalowski at www.forexlive.com.

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