Contributors Technical Analysis Crude Oil Consolidation

Crude Oil Consolidation

Pivot (invalidation): 64.05

Our preference Short positions below 64.05 with targets at 63.30 & 62.95 in extension.

Alternative scenario Above 64.05 look for further upside with 64.30 & 64.65 as targets.

Comment As Long as 64.05 is resistance, expect a return to 63.30.

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