Contributors Technical Analysis Crude Oil Bullish Bias Above 40.60

Crude Oil Bullish Bias Above 40.60

Pivot (invalidation): 40.60

Our preference Long positions above 40.60 with targets at 41.70 & 42.20 in extension.

Alternative scenario Below 40.60 look for further downside with 40.20 & 39.90 as targets.

Comment The RSI is mixed with a bullish bias.

 

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