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WTIUSD

WTIUSD
WTIUSD
In the oil market, investors will monitor PMI data and New Home Sales today, which will provide important signals regarding the outlook of the U.S. economy. While strong economic indicators may support expectations for energy demand, global developments regarding the supply side also continue to influence pricing. In the current technical outlook, the positive outlook is expected to remain intact.
Support
89.74 – 85.72
Resistance
95.85 – 97.94

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