Little changed after testing key MA at the day's lows

The price of crude oil is settling at $68.08, that was up $0.02 or 0.03%.

The low reached $67.03. The high reached $68.44.

At the lows, the pair today stalled right near the 100 day MA (see blue line in the chart below). I spoke about that MA yesterday as a key target (CLICK HERE). The MA came in at $67.07.

The test and bounce off the 100 day MA should give the dip buyers some confidence and should encourage dip buyers on a retest (with stops on a break).