WTIUSD

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WTIUSD

OPEC+'s production restrictions and global demand stagnation continue to maintain flat pricing. Signs of economic recovery in China and inventory data in the U.S. could increase volatility for short-term movements this week. Levels below 69.091 (Resistance 1) are considered suitable for trading. If the intraday support at 68.00 is broken, the 67.330 level may be tested as daily support.

Support :

68.001 67.330 66.785

Resistance :

70.054 69.509 69.091