Chat with us, powered by LiveChatWTI Price Action Points to Potential Reversal, Awaits OPEC+ Meeting

WTI Price Action Points to Potential Reversal, Awaits OPEC+ Meeting

WTI Price Action Points to Potential Reversal, Awaits OPEC+ Meeting

WTI Price Action Points to Potential Reversal, Awaits OPEC+ Meeting


WTI price action continues to signal a potential reversal, pending the outcome of today's OPEC+ meeting. The key level for a breakout is at 78, which is currently acting as resistance, alongside the 200-day moving average. The next target is set at 82.22.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

82.22

80

78

74

72

68

 

 

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