Crude Oil (WTI) (Z5) Intraday: bullish bias above 45.56.

Our preference: Long positions above 45.56 with targets @ 47 & 47.6 in extension.

Alternative scenario: Below 45.56 look for further downside with 45.16 & 44.3 as targets.

Comment: A support base at 45.56 has formed and has allowed for a temporary stabilisation.

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