Contributors Technical Analysis Crude Oil Towards 53.75

Crude Oil Towards 53.75

Pivot (invalidation): 52.25

Our preference Long positions above 52.25 with targets at 53.75 & 54.60 in extension.

Alternative scenario Below 52.25 look for further downside with 51.70 & 51.20 as targets.

Comment The RSI advocates for further advance.

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