WTI

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WTI

The profit taking seen in oil futures yesterday was met with purchases again after the US Energy Information Administration announced a 2 million barrel decrease in stocks and the weakening dollar following the Fed statement. The course of European and US stock markets and PMI data can be followed during the day. In the upcoming process, pricing outside the 81.50 - 82.00 region and 4-hour closings can clarify the search for direction. The desire for an increase can come to the fore with the course above 82.00 and 4-hour closings. In this case, 82.50 and 83.00 levels can be targeted. In possible declines, the attitude of the 81.50 support can be followed. The breakdown of this support and 4-hour closings in the region can bring the 81.00 and 80.50 levels to our agenda. Support: 81.00 - 80.50 Resistance: 82.50 - 83.00