(03 August 2020)Crude Oil (WTI) Bullish bias above 39.65.

Pivot
 (invalidation): 39.65
Our preference
Long positions above 39.65 with targets at 40.45 & 40.70 in extension.
Alternative scenario
Below 39.65 look for further downside with 39.40 & 39.00 as targets.
Comment
Intraday technical indicators are mixed.

(By Swissquote TRADING CENTRAL)