Contributors Technical Analysis Crude Oil Under Pressure

Crude Oil Under Pressure

Pivot (invalidation): 66.85

Our preference Short positions below 66.85 with targets at 66.00 & 65.75 in extension.

Alternative scenario Above 66.85 look for further upside with 67.25 & 67.60 as targets.

Comment As Long as 66.85 is resistance, likely decline to 66.00.

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