Crude Oil (WTI) (Z4) Intraday: key resistance at 68.75.

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2024-11-14 02:41Source:TC

Pivot: 68.75

Our preference: short positions below 68.75 with targets at 67.60 & 67.00 in extension.

Alternative scenario: above 68.75 look for further upside with 69.10 & 69.70 as targets.

Comment: as long as 68.75 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

69.70

69.10

68.75

68.33 Last

67.60

67.00

66.30

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-14-2024 at 02:41 UTC+1

Price reference: 68.33 last known on 11-14-2024 at 02:41 UTC+1

Investment horizon: INTRADAY

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