[Crude Oil] – [Monday, September 29, 2025]
Although the RSI is in the bearish neutral area, but with EMA (50 and EMA (200) position which still intersecting the Golden Cross #CL today still have the potential to strengthen.
Key Levels
1. Resistance. 2 : 67.15
2. Resistance. 1 : 66.17
3. Pivot : 65.41
4. Support. 1 : 64.43
5. Support. 2 : 63.67
Tactical Scenario
Positive Reaction Zone: If the price maintains the #CL strengthening until it breaks out and closes above 65.41, it has the potential to continue strengthening to 66.17.
Momentum Extension Bias: If 66.17 is successfully broken and closes above it, it has the potential to move to 67.15.
Invalidation Level / Bias Revision
Upside bias weakens when the #CL weakens until it breaks down and closes below 63.67.
Technical Summary
EMA(50) : 65.22
EMA(200): 64.42
RSI(14) : 48.27
Economic News Release Agenda:
Tonight, there is only one economic data release from the United States: Pending Home Sales m/m at 21:00 WIB.