WTI

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WTI

WTI CRUDE Oil had made a sharp decline until the liquidity at the local bottom. A reaction increase occurred around 72.30, which was within our expectation. Although the main direction in oil is down, the imbalance zones in the upper region are also pulling the price. Short transactions should not be sought without seeing weakness. The price may also move to the imbalance of 74.50. Support: 72.30 – 70.30 Resistance: 74.50