WTI

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WTI

WTI CRUDE Oil daily chart has seen the declines we expected with the loss of average support. The price quickly moved to the intersection area of the 20 and 100-day averages. If it cannot return from the 78.40 area, it is likely to retreat to the EMA50 area in the 77.25 area. Support: 78.40 – 77.25 Resistance: 81.60 – 82.50