Crude Oil (WTI) may rise to 75.30 - 76.25
BY Trading Central
|august 6, 2024(U4) Intraday: towards 76.25.
Pivot
72.75
Our preference
Long positions above 72.75 with targets at 75.30 & 76.25 in extension.
Alternative scenario
Below 72.75 look for further downside with 71.75 & 70.70 as targets.
Comment
The RSI is bullish and calls for further advance.
Supports and resistances
77.30
76.25
75.30
74.14 Last
72.75
71.75
70.70
Number of asterisks represents the strength of support and resistance levels.
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