Crude Oil (WTI) (Z3) Intraday: key resistance at 76.55.
Pivot:
76.55
Our preference:
Short positions below 76.55 with targets at 74.90 & 74.00 in extension.
Alternative scenario:
Above 76.55 look for further upside with 77.50 & 78.80 as targets.
Comment:
As long as the resistance at 76.55 is not surpassed, the risk of the break below 74.90 remains high.