(02 AUGUST 2018)Crude Oil (WTI):Key resistance at 68.40.

Pivot (invalidation): 68.40

Our preference

Short positions below 68.40 with targets at 67.60 & 67.30 in extension.

Alternative scenario

Above 68.40 look for further upside with 68.80 & 69.15 as targets.

Comment

The RSI is mixed with a bearish bias.

(By Swissquote TRADING CENTRAL)