Contributors Technical Analysis Crude Oil The Bias Remains Bullish

Crude Oil The Bias Remains Bullish

Pivot (invalidation): 33.40

Our preference Long positions above 33.40 with targets at 34.80 & 35.35 in extension.

Alternative scenario Below 33.40 look for further downside with 32.95 & 32.45 as targets.

Comment A support base at 33.40 has formed and has allowed for a temporary stabilisation.

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