(20 JUNE 2018)Crude Oil (WTI):Further advance.

(20 JUNE 2018)Crude Oil (WTI):Further advance.

20 June 2018, 14:25
Jiming Huang
0
49


oil

Further advance. 

(By Swissquote TRADING CENTRAL) 

Pivot (invalidation): 64.40

Our preference

Long positions above 64.40 with targets at 65.80 & 66.20 in extension.

Alternative scenario

Below 64.40 look for further downside with 64.00 & 63.40 as targets.

Comment

The RSI is supported by a rising trend line.