Contributors Technical Analysis Crude Oil The Upside Prevails

Crude Oil The Upside Prevails

Pivot (invalidation): 53.65

Our preference Long positions above 53.65 with targets at 54.50 & 54.95 in extension.

Alternative scenario Below 53.65 look for further downside with 53.25 & 52.95 as targets.

Comment The RSI advocates for further advance.

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