Crude Oil (WTI) (V4) Intraday: key resistance at 75.25.
Pivot:
75.25
Our preference:
Short positions below 75.25 with targets at 73.40 & 72.80 in extension.
Alternative scenario:
Above 75.25 look for further upside with 76.10 & 76.70 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 75.25.