WTI

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WTI

WTI CRUDE Oil experienced a sharp decline after the announcement. The market structure was also disrupted. If we look at the daily time frame, trend liquidity is accumulating in local bottoms formed starting from December 2022. For this reason, the expectation that the price will test these liquidities by falling to the $72-73 band should be kept aside. Support: 76.40 - Resistance: 77.80 - 79.70 - 81.50