Contributors Technical Analysis Crude Oil The Upside Prevails

Crude Oil The Upside Prevails

Pivot (invalidation): 47.60

Our preference Long positions above 47.60 with targets at 49.25 & 49.90 in extension.

Alternative scenario Below 47.60 look for further downside with 46.50 & 45.70 as targets.

Comment The RSI advocates for further advance.

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