Contributors Technical Analysis Crude Oil: Key Resistance At 36.25

Crude Oil: Key Resistance At 36.25

Pivot (invalidation): 36.25

Our preference Short positions below 36.25 with targets at 34.50 & 33.85 in extension.

Alternative scenario Above 36.25 look for further upside with 37.20 & 37.70 as targets.

Comment As Long as the resistance at 36.25 is not surpassed, the risk of the break below 34.50 remains high.

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