(22 September 2020)Crude Oil (WTI) Key resistance at 40.15.

(22 September 2020)Crude Oil (WTI) Key resistance at 40.15.

22 September 2020, 09:37
Jiming Huang
0
82

oi
Pivot
 (invalidation): 40.15
Our preference
Short positions below 40.15 with targets at 39.30 & 38.85 in extension.
Alternative scenario
Above 40.15 look for further upside with 40.55 & 40.90 as targets.
Comment
As Long as the resistance at 40.15 is not surpassed, the risk of the break below 39.30 remains
high.

(By Swissquote TRADING CENTRAL)


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