Pivot (invalidation): 66.30
Our preference
Long positions above 66.30 with targets at 67.45 & 68.00 in extension.
Alternative scenario
Below 66.30 look for further downside with 65.75 & 65.35 as targets.
Comment
The RSI has broken up its 30 level. Crude Oil rebounds after hitting the July 18 low at 66.3.
(By Swissquote TRADING CENTRAL)
