WTI

WTI CRUDE Oil had made a sharp decline until the liquidity at the local bottom. The reaction increase occurred around 72.30, which was within our expectation. The price showed weakness and turned down before reaching the 74.50 level. The main direction still seems down. The six-day closing at 69.80 will accelerate the decline. Support: 69.80 - 68.10 - 64.40 Resistance: 70.30 - 72.30 - 74.50