(02 JULY 2018)Crude Oil (WTI):Key resistance at 74.00.

Key resistance at 74.00.

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 74.00

Our preference

Short positions below 74.00 with targets at 72.20 & 71.70 in extension.

Alternative scenario

Above 74.00 look for further upside with 74.50 & 75.20 as targets.

Comment

The RSI advocates for further decline