Buyers in crude oil had their shot to take price higher from a technical perspective and they missed.
Crude oil futures are moving higher today, currently trading at $85.41 — up around $2 on the session.The high extended to $86.79, the best level since August 21. At session highs, the price was testing the key 100-day moving average at $86.73.Buyers briefly pushed price above that MA, but momentum faded fast and price rotated back down.
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