Crude Oil (WTI) (X5) Intraday: intraday support around 62.00.

Pivot: 62.00

Our preference: long positions above 62.00 with targets at 62.90 & 63.20 in extension.

Alternative scenario: below 62.00 look for further downside with 61.75 & 61.20 as targets.

Comment: the RSI is below its neutrality area at 50% but reversing up.

Supports and resistances:

63.80

63.20

62.90

62.23 Last

62.00

61.75

61.20