WTIUSD

Fed Chairman Powell said on Tuesday that "restrictive policy will likely remain in place until inflation is sustainably directed toward 2%." This situation seems to have left room for some suppression of energy prices. In addition, uncertainty regarding geopolitical risks in the Middle East continues to prevail. The course of crude oil stocks and US stock markets can be monitored by the Energy Information Administration throughout the day. As long as pricing remains below the 85.00-85.50 resistance in the upcoming period, a downward outlook may be at the forefront. In possible declines, 84.00 and 83.50 levels can be targeted. In possible recoveries, as long as the 85.00-85.50 resistance remains current, new downward potential may occur. Therefore, it may be necessary to see the course above 85.50 and 4-hour closings for the continuation of the upward desire. In this case, 86.00 and 86.50 levels may be on the agenda. Support: 84.00-83.50 Resistance: 85.00- 85.50