ContributorsTechnical Analysis Crude Oil Turning Up By Swissquote Bank SA - Aug 16 19, 08:11 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 54.05 Our preference Long positions above 54.05 with targets at 55.90 & 56.45 in extension. Alternative scenario Below 54.05 look for further downside with 53.55 & 52.95 as targets. Comment The RSI calls for a rebound.