Crude Oil (WTI) (F5) Intraday: bullish bias above 69.29.

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2024-11-22 15:57Source:TC

Pivot: 69.29

Our preference: long positions above 69.29 with targets at 70.76 & 71.33 in extension.

Alternative scenario: below 69.29 look for further downside with 68.50 & 67.65 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

71.85

71.33

70.76

69.97 Last

69.29

68.50

67.65

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-22-2024 at 15:57 UTC+1

Price reference: 69.97 last known on 11-22-2024 at 15:57 UTC+1

Investment horizon: INTRADAY

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