Crude Oil (WTI) may rise to 76.60 - 77.30

Pivot

74.75

Our preference

Long positions above 74.75 with targets at 76.60 & 77.30 in extension.

Alternative scenario

Below 74.75 look for further downside with 74.15 & 73.65 as targets.

Comment

The break above 74.75 is a positive signal that has opened a path to 76.60.

Supports and resistances

78.00

77.30

76.60

75.48 Last

74.75

74.15

73.65

Number of asterisks represents the strength of support and resistance levels
Fundamental AnalysisTechnical IndicatorsTrend Analysis

כתב ויתור