Crude Oil (WTI) (Z4) Intraday: key resistance at 68.40.
Pivot:
68.40
Our preference:
Short positions below 68.40 with targets at 66.70 & 66.00 in extension.
Alternative scenario:
Above 68.40 look for further upside with 68.90 & 69.75 as targets.
Comment:
As long as the resistance at 68.40 is not surpassed, the risk of the break below 66.70 remains high.
