Crude Oil (WTI) (G5) Intraday: intraday support around 68.85.

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2024-12-20 17:59Source:TC

Pivot: 68.85

Our preference: long positions above 68.85 with targets at 69.75 & 70.15 in extension.

Alternative scenario: below 68.85 look for further downside with 68.35 & 68.00 as targets.

Comment: the next resistances are at 69.75 and then at 70.15.

Supports and resistances:

70.60

70.15

69.75

69.32 Last

68.85

68.35

68.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-20-2024 at 17:59 UTC+1

Price reference: 69.32 last known on 12-20-2024 at 17:59 UTC+1

Investment horizon: INTRADAY

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