Contributors Technical Analysis Crude Oil Bullish Bias Above 58.20

Crude Oil Bullish Bias Above 58.20

Pivot (invalidation): 58.20

Our preference Long positions above 58.20 with targets at 58.85 & 59.20 in extension.

Alternative scenario Below 58.20 look for further downside with 57.85 & 57.55 as targets.

Comment The RSI is mixed with a bullish bias.

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