Crude Oil (WTI) (F5) Intraday: the bias remains bullish.

Limited Increase
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2024-12-11 02:41Source:TC

Pivot: 68.10

Our preference: long positions above 68.10 with targets at 69.05 & 69.50 in extension.

Alternative scenario: below 68.10 look for further downside with 67.80 & 67.40 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

70.00

69.50

69.05

68.65 Last

68.10

67.80

67.40

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-11-2024 at 02:41 UTC+1

Price reference: 68.65 last known on 12-11-2024 at 02:41 UTC+1

Investment horizon: INTRADAY

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