Tanalys

Crude Oil (WTI) (N5) Intraday: bullish bias above 60.5.

Pivot: 60.5

Our preference: Long positions above 60.5 with targets @ 62 62.7 in extension.

Alternative scenario: Below 60.5 look for further downside with 59.8 59 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

63.65

62.7

62

61.14 Last

60.5

59.8

59

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