WTI

After Angola announced its decision to leave OPEC yesterday, oil prices fell, and we watched the decline return to an increase after receiving support from the exponential moving average of 20 in the daily period and 200 in the hourly period. The course of European and US stock markets and US PCE inflation data can be followed during the day. As long as pricing remains at and above the 73.50 - 74.00 support in the upcoming period, an upward outlook may be at the forefront. In possible increases, 75.00 and 75.50 levels can be targeted. In possible decreases, as long as the 73.50 - 74.00 support remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 73.50 and hourly closings for the continuation of the downward desire. In this case, the 73.00 and 72.50 levels may come to the agenda. Support: 73.50Resistance: 75.00