(12 October 2020)Crude Oil (WTI) Key resistance at 40.65.
13 October 2020, 02:32
0
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Pivot
(invalidation): 40.65
Our preference
Short positions below 40.65 with targets at 39.95 & 39.75 in extension.
Alternative scenario
Above 40.65 look for further upside with 41.00 & 41.40 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.
(By Swissquote TRADING CENTRAL)
