WTI

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WTI

Oil prices fell on the first trading day of the week despite the high geopolitical risk, but then recovered and returned to the band they had at the beginning of the week. While the US markets were closed yesterday, today will open with data. Before that, the European session can be followed. In the upcoming process, pricing and hourly closings that may occur outside the 72.30 - 73.00 region may clarify the search for direction. The desire to rise may come to the fore with the course and hourly closings above 73.00. In this case, the 73.50 and 74.00 levels can be targeted. In possible declines, the attitude of the 72.30 support can be followed. The breakdown of this support and hourly closings that may occur in the region may bring the 71.90 and 71.50 levels to the agenda. Support: 71.50 Resistance: 73.50