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Crude Oil (WTI) (M4) Intraday: intraday support around 78.75.
Pivot:
78.75
Our preference:
Long positions above 78.75 with targets at 79.95 & 80.40 in extension.
Alternative scenario:
Below 78.75 look for further downside with 78.30 & 77.80 as targets.
Comment:
The next resistances are at 79.95 and then at 80.40.
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