(27 AUGUST 2019)Crude Oil (WTI) Key resistance at 54.25.
Analytics & Forecasts

(27 AUGUST 2019)Crude Oil (WTI) Key resistance at 54.25.

27 August 2019, 09:10
Jiming Huang
Jiming Huang
0
92

oi
Pivot
 (invalidation): 54.25
Our preference
Short positions below 54.25 with targets at 53.60 & 53.40 in extension.
Alternative scenario
Above 54.25 look for further upside with 54.75 & 55.25 as targets.
Comment
As Long as 54.25 is resistance, expect a return to 53.60

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#Crude Oil (WTI)