
US Crude Oil XTIUSD Chart Technical Outlook trades north, bulls target $71.30
US Crude Oil broke a recent bearish wave to the upside. A bullish one is in play, with any dips likely to find buyers. The recent sequence of trading is higher highs and higher lows. Prices printed a bottom last week, close to the prior swing low from October. Any dips should be limited by $69.50 and $68.50. The upside barriers are located at $71.30 and $72.50.