ContributorsTechnical Analysis Crude Oil: Bullish Bias Above 39.85 By Swissquote Bank SA - Jul 03 20, 07:50 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 39.85 Our preference Long positions above 39.85 with targets at 40.75 & 41.25 in extension. Alternative scenario Below 39.85 look for further downside with 39.45 & 39.05 as targets. Comment The RSI is mixed to bullish.