Pivot: 61.90

Our preference: long positions above 61.90 with targets at 62.20 & 62.45 in extension.

Alternative scenario: below 61.90 look for further downside with 61.60 & 61.25 as targets.

Comment: a support base at 61.90 has formed and has allowed for a temporary stabilisation. Crude Oil is supported by a bullish trend line.

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