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
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
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