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