Crude oil attempts to breach through the main resistance of the bearish trend at 34.20 and that is a positive catalyst and would bring additional upside actions, as we will neglect the signs of RSI14.
ADX shows continuation in the uptrend, while prices stabilize above 23.6% from 50.89 to 27.54 at 33.05.
Any trading above this level is positive, while only coming below 31.80 is bearish.
Over intraday basis, a break below 32.50 is a negative catalyst.
Support: 33.05 – 32.50 – 31.80
Resistance: 34.20 – 34.85 – 35.50
Direction: Bullish