Crude Oil: Key Resistance At 48.30
Pivot (invalidation): 48.30
Our preference Short positions below 48.30 with targets at 47.55 & 47.25 in extension.
Alternative scenario Above 48.30 look for further upside with 48.60 & 48.95 as targets.
Comment The RSI is mixed with a bearish bias.
Reprinted from ActionForex，the copyright all reserved by the original author.
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