Oil daily chart
- Oil broke above 61.55 resistance and the 200-day simple moving averages (SMA) suggesting a bullish bias.
Oil 4-hour chart
- Crude oil WTI is trading above its main SMAs suggesting a bullish bias in the medium-term.
Oil 30-minute chart
- Bulls are looking for a break above $62.50 a barrel. The next resistances are seen at 63.00 and 63.50 level.
- Support is at 61.60, 61.25 and 60.75 level.
Additional key levels
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