The 1D Channel Up ( RSI
= 60.149, MACD
= 1.470, B/BP = 0.7520) has pulled back to price a Higher Low near 73.00 and is now on optimal levels (Highs/Lows = 0) to start recovering. Fundamentally we cannot dismiss sideways trading until Thursday's Inventories, but technically the current level should hold and provide a bullish
reversal. If it doesn't then the 70.35 - 71.35 support zone
will be put to test. TP = 77.60.