Contributors Technical Analysis Crude Oil: The Bias Remains Bullish

Crude Oil: The Bias Remains Bullish

Pivot (invalidation): 34.75

Our preference Long positions above 34.75 with targets at 35.90 & 36.85 in extension.

Alternative scenario Below 34.75 look for further downside with 34.20 & 33.75 as targets.

Comment The RSI is above its neutrality area at 50%.

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