WTIUSD

Following the profit sales seen on Friday, oil futures have shown an effort to recover, on the one hand, due to the Caixin manufacturing PMI data showing the fastest expansion of manufacturing activity in China in the last three years, and on the other hand, due to the political risks intensifying in Europe. The course of European and US stock markets can be followed during the day. As long as prices remain at and above the 81.00-81.50 support, an upward trend may be at the forefront. In possible increases, 82.50 and 83.00 levels can be targeted. As long as possible decreases are limited to the 81.00-81.50 support, new upside potential may occur. Therefore, it may be necessary to see the course below 81.00 and hourly closings for the continuation of the downward desire. In this case, the 80.50 and 80.00 levels may be on the agenda. Support: 81.50-81.00 Resistance: 82.50-83.00