Contributors Technical Analysis Crude Oil Key Resistance At 62.30

Crude Oil Key Resistance At 62.30

Pivot (invalidation): 62.30

Our preference Short positions below 62.30 with targets at 61.10 & 60.70 in extension.

Alternative scenario Above 62.30 look for further upside with 62.75 & 63.10 as targets.

Comment As Long as the resistance at 62.30 is not surpassed, the risk of the break below 61.10 remains high.

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