(27 October 2020)Crude Oil (WTI) Key resistance at 39.15.

(27 October 2020)Crude Oil (WTI) Key resistance at 39.15.

27 October 2020, 09:26
Jiming Huang
0
76

oi
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.

(By Swissquote TRADING CENTRAL)


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