As long as the level $1320 protects the lower side, expect a bullish price rally towards $1434. A clear breakout below $1320 will call for short orders with an ideal target at $1248.
Expect a possible bullish price movements towards $21.78 or even higher to $23.93.
Oil Weekly Review
Expect a possible reversal from $46.60 to go short with an ideal target at $42.21.Buy orders are only ideal above $46.60 with an ideal target at $49.68.