Contributors Technical Analysis Crude Oil Intraday Support Around 24.80

Crude Oil Intraday Support Around 24.80

Pivot (invalidation): 24.80

Our preference Long positions above 24.80 with targets at 25.90 & 26.45 in extension.

Alternative scenario Below 24.80 look for further downside with 24.20 & 23.70 as targets.

Comment A support base at 24.80 has formed and has allowed for a temporary stabilisation.

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