We were looking for support against the 89.56/64 area and the market found the support (CLICK HERE). Now we are back higher looking to test the 100 hour MA at the 89.91 level. I would expect sellers against this level at least on the first test. A move through will likely look for a move up to test the 100 bar MA on the 5 minute chart at the 90.05 level currently (and moving lower).
Short term intraday support comes in at 89.71 and below the 89.56-64 range remains.
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