Crude Oil (WTI) (Z2) Intraday: rebound expected.
Pivot:
85.55
Our preference:
Long positions above 85.55 with targets at 87.30 & 88.20 in extension.
Alternative scenario:
Below 85.55 look for further downside with 84.70 & 84.00 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.
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