Crude Oil (WTI) (U2) Intraday: key resistance at 90.20.
Pivot:
90.20
Our preference:
Short positions below 90.20 with targets at 86.80 & 85.00 in extension.
Alternative scenario:
Above 90.20 look for further upside with 91.35 & 92.75 as targets.
Comment:
As long as the resistance at 90.20 is not surpassed, the risk of the break below 86.80 remains high.
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