(25 JUNE 2018)Crude Oil (WTI):Key resistance at 69.15.

Key resistance at 69.15.

(By Swissquote TRADING CENTRAL) 

Pivot (invalidation): 69.15

Our preference

Short positions below 69.15 with targets at 67.50 & 66.65 in extension.

Alternative scenario

Above 69.15 look for further upside with 70.05 & 71.00 as targets.

Comment

The RSI is mixed with a bearish bias. Brent opened with a bearish gap this morning.