Crude Oil (WTI) (Z5) Intraday: further upside.

Pivot: 60.90

Our preference: long positions above 60.90 with targets at 62.30 & 62.80 in extension.

Alternative scenario: below 60.90 look for further downside with 60.15 & 59.70 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

63.30

62.80

62.30

61.88 Last

60.90

60.15

59.70