WTI

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WTI

The fact that the Iranian-backed Houthis continued their attacks in the Red Sea and kept the risk level high was effective in the increase in oil prices yesterday. We followed a calm course in the Asian session. The course of the European and US stock markets can be followed during the day. As long as the prices remain above the 73.00 - 73.50 support in the upcoming process, the upward view may be one step ahead. In possible increases, the 74.50 and 75.00 levels can be targeted. In possible decreases, as long as the 73.00 - 73.50 support remains current, new increase potential may occur. Therefore, it may be necessary to see the course below 73.00 and hourly closings for the continuation of the downward desire. In this case, the 72.50 and 72.00 levels may come to the agenda. Support: 72.50 Resistance: 74.50