Pivot: 62.75

Our preference: long positions above 62.75 with targets at 63.90 & 64.45 in extension.

Alternative scenario: below 62.75 look for further downside with 62.20 & 61.85 as targets.

Comment: the RSI is bullish and calls for further upside. Crude Oil is holding on the upside after breaking above the declining channel.

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced

Kategori: Analisa