ContributorsTechnical Analysis Crude Oil Bullish Bias Above 54.20 By Swissquote Bank SA - Aug 13 19, 07:47 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 54.20 Our preference Long positions above 54.20 with targets at 55.15 & 55.95 in extension. Alternative scenario Below 54.20 look for further downside with 53.60 & 52.95 as targets. Comment The RSI lacks downward momentum.