Contributors Technical Analysis Crude Oil Rebound Expected

Crude Oil Rebound Expected

Pivot (invalidation): 71.30

Our preference Long positions above 71.30 with targets at 72.70 & 73.60 in extension.

Alternative scenario Below 71.30 look for further downside with 70.90 & 70.50 as targets.

Comment The RSI is supported by a bullish trend line.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version