Crude Oil (WTI) (N4) Intraday: key resistance at 73.80.
Pivot:
73.80
Our preference:
Short positions below 73.80 with targets at 72.50 & 71.80 in extension.
Alternative scenario:
Above 73.80 look for further upside with 74.65 & 75.30 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 73.80.