Tanalys

Crude Oil (WTI) (V5) Intraday: bullish bias above 45.

Pivot: 45

Our preference: Long positions above 45 with targets @ 48.7 49.4 in extension.

Alternative scenario: Below 45 look for further downside with 43.2 41.75 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

50

49.4

48.7

46.8 Last

45

43.2

41.75

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