WTI Oil SpotLong
Usoil
V3 Intraday support around 78.60
Usoil may rise .75-1.15
Our perference
Long position above 79.60 with targets at 80.85& 81.25 in extensions
81.7000 Resistance
81.2500 Resistance
80.8500 Resistance last
79.600’Pivot
79.6000. Support
79.20078.8000Support
Comment: the next resistances are at 80.85 and then at 81.25
Alternative scenario
Below 79.look for further downside with 79.20& 78.80’as target
Usoil may rise .75-1.15
Our perference
Long position above 79.60 with targets at 80.85& 81.25 in extensions
81.7000 Resistance
81.2500 Resistance
80.8500 Resistance last
79.600’Pivot
79.6000. Support
79.20078.8000Support
Comment: the next resistances are at 80.85 and then at 81.25
Alternative scenario
Below 79.look for further downside with 79.20& 78.80’as target
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