Market Analysis of Crude Oil on Friday 21 March 2025

Crude Oil (WTI)‎ (K5)‎ Intraday: further upside.

Pivot:

67.80

Our preference:

Long positions above 67.80 with targets at 68.80 & 69.30 in extension.

Alternative scenario:

Below 67.80 look for further downside with 67.40 & 66.80 as targets.

Comment:

The RSI shows upside momentum.