Contributors Technical Analysis Crude Oil Key Resistance At 31.70

Crude Oil Key Resistance At 31.70

Pivot (invalidation): 31.70

Our preference Short positions below 31.70 with targets at 30.35 & 29.75 in extension.

Alternative scenario Above 31.70 look for further upside with 32.80 & 33.85 as targets.

Comment As Long as 31.70 is resistance, expect a return to 30.35.

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