Crude Oil (WTI) (X4) Intraday: key resistance at 74.90.

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2024-10-14 22:35Source:TC

Pivot: 74.90

Our preference: short positions below 74.90 with targets at 72.70 & 71.85 in extension.

Alternative scenario: above 74.90 look for further upside with 75.40 & 76.25 as targets.

Comment: the upward potential is likely to be limited by the resistance at 74.90.

Supports and resistances:

76.25

75.40

74.90

74.03 Last

72.70

71.85

71.20

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-14-2024 at 22:35 UTC+1

Price reference: 74.03 last known on 10-14-2024 at 22:35 UTC+1

Investment horizon: INTRADAY

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