Contributors Technical Analysis Crude Oil Further Advance

Crude Oil Further Advance

Pivot (invalidation): 53.05

Our preference Long positions above 53.05 with targets at 54.50 & 54.90 in extension.

Alternative scenario Below 53.05 look for further downside with 52.50 & 51.85 as targets.

Comment The RSI is bullish and calls for further advance.

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