Contributors Technical Analysis Crude Oil Under Pressure

Crude Oil Under Pressure

Pivot (invalidation): 64.20

Our preference Short positions below 64.20 with targets at 63.40 & 63.15 in extension.

Alternative scenario Above 64.20 look for further upside with 64.55 & 64.80 as targets.

Comment As Long as 64.20 is resistance, expect a return to 63.40.

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