Русский
US crude oil price engaged in sideways trading in the intraday levels, while seeking a bottom to help it gather momentum and bounce higher, as it leaned on the current support of $68.90, while also leaning on the support of the 50-candle SMA, lending the price some momentum that helped it rebound.
It comes amid the dominance of the upward correctional trend in the short term, as the Stochastic reached oversold levels.
