Crude Oil (WTI) (F5) Intraday: intraday support around 69.10.

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2024-11-20 16:07Source:TC

Pivot: 69.10

Our preference: long positions above 69.10 with targets at 70.10 & 70.50 in extension.

Alternative scenario: below 69.10 look for further downside with 68.50 & 67.85 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:

71.00

70.50

70.10

69.67 Last

69.10

68.50

67.85

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 16:07 UTC+1

Price reference: 69.67 last known on 11-20-2024 at 16:07 UTC+1

Investment horizon: INTRADAY

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