(12 August 2020)Crude Oil (WTI) Key resistance at 42.05.

Pivot
 (invalidation): 42.05
Our preference
Short positions below 42.05 with targets at 41.50 & 41.15 in extension.
Alternative scenario
Above 42.05 look for further upside with 42.30 & 43.60 as targets.
Comment
As Long as the resistance at 42.05 is not surpassed, the risk of the break below 41.50 remains
high.

(By Swissquote TRADING CENTRAL)