(10 August 2020)Crude Oil (WTI) Key resistance at 42.15.

(10 August 2020)Crude Oil (WTI) Key resistance at 42.15.

10 August 2020, 09:30
Jiming Huang
0
77

oi
Pivot
 (invalidation): 42.15
Our preference
Short positions below 42.15 with targets at 41.05 & 40.55 in extension.
Alternative scenario
Above 42.15 look for further upside with 42.65 & 42.95 as targets.
Comment
As Long as 42.15 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)


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