WTI Intraday: the downside prevails.

WTI (USOIL)
-10.245-11.57%
short positions below 89.45 with targets at 87.25 & 84.70 in extension.
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Pivot: 89.45

Our preference: short positions below 89.45 with targets at 87.25 & 84.70 in extension.

Alternative scenario: above 89.45 look for further upside with 90.25 & 92.55 as targets.

Comment: a break below 87.25 would trigger a drop towards 84.70.

Supports and resistances:
92.55
90.25
89.45
87.70 Last
87.25
84.70
83.90

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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