Crude Oil (WTI) (X2) Intraday: key resistance at 80.35.
Pivot:
80.35
Our preference:
Short positions below 80.35 with targets at 78.20 & 77.00 in extension.
Alternative scenario:
Above 80.35 look for further upside with 81.50 & 82.50 as targets.
Comment:
As long as the resistance at 80.35 is not surpassed, the risk of the break below 78.20 remains high.
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