![(06 JULY 2020)Crude Oil (WTI) Supported by a rising trend line. (06 JULY 2020)Crude Oil (WTI) Supported by a rising trend line.](https://c.mql5.com/6/867/splash-737945.jpg)
(06 JULY 2020)Crude Oil (WTI) Supported by a rising trend line.
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
Pivot
(invalidation): 39.85
Our preference
Long positions above 39.85 with targets at 40.75 & 41.25 in extension.
Alternative scenario
Below 39.85 look for further downside with 39.45 & 39.05 as targets.
Comment
The RSI is mixed with a bullish bias.
(By Swissquote TRADING CENTRAL)
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