Contributors Technical Analysis Crude Oil Look For 57.20

Crude Oil Look For 57.20

Pivot (invalidation): 58.70

Our preference Short positions below 58.70 with targets at 57.70 & 57.20 in extension.

Alternative scenario Above 58.70 look for further upside with 59.20 & 59.75 as targets.

Comment The RSI is mixed with a bearish bias.

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