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Crude Oil (WTI) (M4) Intraday: key resistance at 79.10.
Pivot:
79.10
Our preference:
Short positions below 79.10 with targets at 78.30 & 77.95 in extension.
Alternative scenario:
Above 79.10 look for further upside with 79.85 & 80.35 as targets.
Comment:
As long as 79.10 is resistance, expect a return to 78.30.
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