Negotiators from Israel, US, Egypt and Qatar have agreed on framework for hostage release

<p>Negotiators from Israel, US, Egypt, and Qatar have agreed on a framework for the release of remaining American and Israeli hostages.</p><p>Meanwhile, the USD Defense Secretary Austin is on the wires saying:</p><ul><li>Expresses sorrow, outrage over the deaths of US troops in Jordan drone attack (tribute to Iranian rebels)</li><li>Neither he nor Biden will tolerate attacks on US forces, it will take all necessary actions to defend them.</li></ul><p>Crude oil prices have moved lower, and in the process is trading back below the $77 level. The high price reached on the extension to the upside last Friday, and into this week's trading reached $79.29. </p><p>Looking at the hourly chart below, the 100 hour moving average currently comes in at $76.09 (blue line on the chart below). The low price today has so far reached $76.54. The last few times the price has tested the 100 hour moving average, buyers have slowed the fall, and pushed the price higher.Key target on the downside now. </p>

This article was written by Greg Michalowski at www.forexlive.com.