Contributors Technical Analysis Crude Oil Further Upside

Crude Oil Further Upside

Pivot (invalidation): 51.65

Our preference Long positions above 51.65 with targets at 52.75 & 53.30 in extension.

Alternative scenario Below 51.65 look for further downside with 51.30 & 50.90 as targets.

Comment The RSI is bullish and calls for further upside.

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