Crude Oil (WTI) may rise to 79.65 - 80.45
Pivot
78.60
Our preference
Long positions above 78.60 with targets at 79.65 & 80.45 in extension.
Alternative scenario
Below 78.60 look for further downside with 78.15 & 77.70 as targets.
Comment
The RSI is bullish and calls for further upside.
Supports and resistances
81.30
80.45
79.65
79.35 Last
78.60
78.15
77.70
Number of asterisks represents the strength of support and resistance levels.
78.60
Our preference
Long positions above 78.60 with targets at 79.65 & 80.45 in extension.
Alternative scenario
Below 78.60 look for further downside with 78.15 & 77.70 as targets.
Comment
The RSI is bullish and calls for further upside.
Supports and resistances
81.30
80.45
79.65
79.35 Last
78.60
78.15
77.70
Number of asterisks represents the strength of support and resistance levels.
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