Contributors Technical Analysis Crude Oil The Bias Remains Bullish

Crude Oil The Bias Remains Bullish

Pivot (invalidation): 55.50

Our preference Long positions above 55.50 with targets at 56.50 & 57.35 in extension.

Alternative scenario Below 55.50 look for further downside with 54.75 & 53.95 as targets.

Comment The next resistances are at 56.50 and then at 57.35.

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