WTIUSD

image

WTIUSD

While markets await the Fed statement to be made in the middle of the week, oil futures continued to remain within last week's band. The course of European and US stock exchanges can be followed during the day. Pricing outside the 75.00 - 75.50 region and hourly closings during the day can clarify the search for direction. Breaking the 76.00 resistance and hourly closings in the region can bring the 76.50 and 77.00 levels to our agenda. In declines, the attitude of the 75.00 support can be followed. Breaking this support and hourly closings in the region can contribute to targeting the 74.50 level. Support: 75.00 - 74.50 Resistance: 76.00 - 76.50