Crude Oil (WTI) (U2) Intraday: bullish bias above 90.40.
Pivot:
90.40
Our preference:
Long positions above 90.40 with targets at 92.65 & 94.40 in extension.
Alternative scenario:
Below 90.40 look for further downside with 89.40 & 88.25 as targets.
Comment:
The RSI calls for a new upleg.
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