(08 October 2020)Crude Oil (WTI) Expect 40.85.

(08 October 2020)Crude Oil (WTI) Expect 40.85.

8 October 2020, 09:00
Jiming Huang
0
108

oi
Pivot
 (invalidation): 39.65
Our preference
Long positions above 39.65 with targets at 40.35 & 40.85 in extension.
Alternative scenario
Below 39.65 look for further downside with 39.30 & 39.10 as targets.
Comment
The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL)


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