Crude Oil (WTI) (Q2) Intraday: key resistance at 102.30.

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2022-07-06 03:47Source:TC

Pivot: 102.30

Our preference: short positions below 102.30 with targets at 99.00 & 97.40 in extension.

Alternative scenario: above 102.30 look for further upside with 104.65 & 106.90 as targets.

Comment: as long as the resistance at 102.30 is not surpassed, the risk of the break below 99.00 remains high.

Supports and resistances:

106.90

104.65

102.30

101.23 Last

99.00

97.40

95.40

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-06-2022 at 03:47 UTC+1

Price reference: 101.23 last known on 07-06-2022 at 03:47 UTC+1

Investment horizon: INTRADAY

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