Crude Oil (WTI) (Z4) Intraday: key resistance at 68.85.
Pivot:
68.85
Our preference:
Short positions below 68.85 with targets at 66.90 & 66.00 in extension.
Alternative scenario:
Above 68.85 look for further upside with 69.75 & 70.65 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 68.85.