ContributorsTechnical Analysis Crude Oil: Bounce By Swissquote Bank SA - Jul 08 20, 08:18 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 40.25 Our preference Long positions above 40.25 with targets at 41.10 & 41.40 in extension. Alternative scenario Below 40.25 look for further downside with 39.90 & 39.60 as targets. Comment The RSI calls for a bounce.