Crude Oil (WTI) may rise to 81.50 - 81.90
Pivot
80.70
Our preference
Long positions above 80.70 with targets at 81.50 & 81.90 in extension.
Alternative scenario
Below 80.70 look for further downside with 80.40 & 80.00 as targets.
Comment
The break above 80.70 is a positive signal that has opened a path to 81.50.
Supports and resistances
82.15
81.90
81.50
81.13 Last
80.70
80.40
80.00
Number of asterisks represents the strength of support and resistance levels.
80.70
Our preference
Long positions above 80.70 with targets at 81.50 & 81.90 in extension.
Alternative scenario
Below 80.70 look for further downside with 80.40 & 80.00 as targets.
Comment
The break above 80.70 is a positive signal that has opened a path to 81.50.
Supports and resistances
82.15
81.90
81.50
81.13 Last
80.70
80.40
80.00
Number of asterisks represents the strength of support and resistance levels.
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