Crude Oil: The Bias Remains Bullish

<p>Pivot (invalidation): 37.95 Our preference Long positions above 37.95 with targets at 39.40 & 39.90 in extension. Alternative scenario Below 37.95 look for further downside with 37.10 & 36.40 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p>
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