Contributors Technical Analysis Crude Oil Key Resistance At 39.15

Crude Oil Key Resistance At 39.15

Pivot (invalidation): 39.15

Our preference Short positions below 39.15 with targets at 38.30 & 37.90 in extension.

Alternative scenario Above 39.15 look for further upside with 39.60 & 40.00 as targets.

Comment As Long as the resistance at 39.15 is not surpassed, the risk of the break below 38.30 remains high.

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