Contributors Technical Analysis Crude Oil Bullish Bias Above 58.85

Crude Oil Bullish Bias Above 58.85

Pivot (invalidation): 58.85

Our preference Long positions above 58.85 with targets at 59.45 & 59.75 in extension.

Alternative scenario Below 58.85 look for further downside with 58.55 & 58.30 as targets.

Comment The RSI is mixed with a bullish bias.

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