Crude Oil (WTI) may rise to 80.45 - 80.80
Pivot
79.25
Our preference
Long positions above 79.25 with targets at 80.45 & 80.80 in extension.
Alternative scenario
Below 79.25 look for further downside with 78.70 & 78.25 as targets.
Comment
The RSI is bullish and calls for further advance.
Supports and resistances
81.30
80.80
80.45
79.90 Last
79.25
78.70
78.25
Number of asterisks represents the strength of support and resistance levels.
79.25
Our preference
Long positions above 79.25 with targets at 80.45 & 80.80 in extension.
Alternative scenario
Below 79.25 look for further downside with 78.70 & 78.25 as targets.
Comment
The RSI is bullish and calls for further advance.
Supports and resistances
81.30
80.80
80.45
79.90 Last
79.25
78.70
78.25
Number of asterisks represents the strength of support and resistance levels.
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