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Crude Oil (WTI) (N4) Intraday: intraday support around 79.00.
Pivot:
79.00
Our preference:
Long positions above 79.00 with targets at 79.95 & 80.30 in extension.
Alternative scenario:
Below 79.00 look for further downside with 78.55 & 78.25 as targets.
Comment:
The next resistances are at 79.95 and then at 80.30.
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