Contributors Technical Analysis Crude Oil Key Resistance At 54.60

Crude Oil Key Resistance At 54.60

Pivot (invalidation): 54.60

Our preference Short positions below 54.60 with targets at 53.90 & 53.70 in extension.

Alternative scenario Above 54.60 look for further upside with 55.00 & 55.55 as targets.

Comment As Long as the resistance at 54.60 is not surpassed, the risk of the break below 53.90 remains high.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version