HomeContributorsTechnical AnalysisCrude Oil Key Resistance At 52.60

Crude Oil Key Resistance At 52.60

Pivot (invalidation): 52.60

Our preference Short positions below 52.60 with targets at 51.65 & 51.15 in extension.

Alternative scenario Above 52.60 look for further upside with 53.10 & 53.55 as targets.

Comment As Long as the resistance at 52.60 is not surpassed, the risk of the break below 51.65 remains high.

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