FX.co ★ Crude above $98

Crude is trading at $98.68 at Asia's trading session. At August high $112, it made a low at $91.8. We can call it as a short-term bottom. It holds 21EMA support at $96 and hold above $98. Indicators show a bit over bought signs in daily charts. We could expect some more higher levels in crude after some correction made.

Support 98.5 97.9 96.5

Resistance 99.35 101.8 103 final target.