Crude oil ended the session higher at $61.19, a gain of $0.64. Where a break above will open the way towards $62.23. However, any downside may find support at yesterday’s low of $59.56. Meanwhile, the RSI and the Stochastic Oscillator have continued to rise, supporting a positive view.
I prefer to keep on side because oil is not breaking todays $61.89 high
I prefer to keep on side because oil is not breaking todays $61.89 high
Comment:
However, any downside may find support at yesterday’s low of $59.72.