WTIUSD

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WTIUSD

Today, the impact of U.S. inflation data on oil prices will be monitored, while tomorrow's weekly inventory data will guide pricing. Especially changes in inventories and movements in the U.S. dollar can directly affect oil. Positive economic data and decreasing inventories may create upward pressure, while a strong dollar and increasing inventories may create downward pressure.
Technical Levels:
73.212 - 71.957 - 70.702 - 68.193 - 66.416 - 65.683 - 64.428

With a positive trend above the pivot level of 70.702, resistance levels of 71.957 and 73.212 can be tested. In the case of selling pressure, 68.193 and 66.416 stand out as intermediate support areas.