(01 September 2020)Crude Oil (WTI) Key resistance at 43.05.

(01 September 2020)Crude Oil (WTI) Key resistance at 43.05.

1 September 2020, 09:16
Jiming Huang
0
97

oi
Pivot
 (invalidation): 43.05
Our preference
Short positions below 43.05 with targets at 42.75 & 42.55 in extension.
Alternative scenario
Above 43.05 look for further upside with 43.20 & 43.35 as targets.
Comment
As Long as the resistance at 43.05 is not surpassed, the risk of the break below 42.75 remains
high.

(By Swissquote TRADING CENTRAL)


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