(14 AUGUST 2018)Crude Oil (WTI):Key resistance at 67.60.

Pivot (invalidation): 67.60

Our preference

Short positions below 67.60 with targets at 66.95 & 66.50 in extension.

Alternative scenario

Above 67.60 look for further upside with 67.95 & 68.50 as targets.

Comment

As Long as the resistance at 67.60 is not surpassed, the risk of the break below 66.95 remains

high. 

(By Swissquote TRADING CENTRAL)