Crude Oil (WTI) (X2) Intraday: intraday support around 87.80.
Pivot:
87.80
Our preference:
Long positions above 87.80 with targets at 89.60 & 90.60 in extension.
Alternative scenario:
Below 87.80 look for further downside with 87.10 & 86.00 as targets.
Comment:
The next resistances are at 89.60 and then at 90.60.
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading Central and BTCDana & Forexdana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.