WTI

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WTI

While oil futures were suppressed after the American Petroleum Institute announced an increase of over 3 million barrels in stocks, we observed that the downward view formed by yesterday's decline was maintained in the Asian session. US inflation data and stock figures to be announced by the US Energy Information Administration can be followed during the day. As long as pricing remains below the 85.50 - 86.00 resistance in the upcoming period, the downward view may be at the forefront. In possible declines, 85.00 and 84.50 levels can be targeted. In possible recoveries, as long as the 85.50 - 86.00 resistance remains current, new downward potential may occur. Therefore, it may be necessary to see the course above 86.00 and hourly closings for the continuation of the upward desire. In this case, 86.50 and 87.00 levels may be on the agenda. Support: 85.00 - 84.50 Resistance: 85.50 - 86.00