Crude Oil (WTI) may rise to 74.20 - 74.60
Pivot
73.10
Our preference
Long positions above 73.10 with targets at 74.20 & 74.60 in extension.
Alternative scenario
Below 73.10 look for further downside with 72.55 & 72.10 as targets.
Comment
The RSI is bullish and calls for further upside.
Supports and resistances
75.00
74.60
74.20
73.45 Last
73.10
72.55
72.10
Number of asterisks represents the strength of support and resistance levels.
73.10
Our preference
Long positions above 73.10 with targets at 74.20 & 74.60 in extension.
Alternative scenario
Below 73.10 look for further downside with 72.55 & 72.10 as targets.
Comment
The RSI is bullish and calls for further upside.
Supports and resistances
75.00
74.60
74.20
73.45 Last
73.10
72.55
72.10
Number of asterisks represents the strength of support and resistance levels.
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