(30 September 2020)Crude Oil (WTI) Key resistance at 39.45.

(30 September 2020)Crude Oil (WTI) Key resistance at 39.45.

30 September 2020, 09:24
Jiming Huang
0
66

oi
Pivot
 (invalidation): 39.45
Our preference
Short positions below 39.45 with targets at 38.40 & 38.00 in extension.
Alternative scenario
Above 39.45 look for further upside with 39.80 & 40.25 as targets.
Comment
As Long as the resistance at 39.45 is not surpassed, the risk of the break below 38.40 remains
high.

(By Swissquote TRADING CENTRAL)


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