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Crude Oil (WTI) (Z3) Intraday: bullish bias above 84.00.

2023-10-26
302

Pivot: 84.00

Our preference: long positions above 84.00 with targets at 85.60 & 86.30 in extension.

Alternative scenario: below 84.00 look for further downside with 82.90 & 82.05 as targets.

Comment: the next resistances are at 85.60 and then at 86.30.

Supports and resistances:

87.25

86.30

85.60

84.70 Last

84.00

82.90

82.05

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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