WTI Crude Oil Shows Signs of Recovery, Eyes 72.50 Resistance with OPEC+ Actions

WTI crude oil is exhibiting signs of recovery following seven weeks of continuous selling. The next resistance level is anticipated at 72.90, while a support level of 68 could be established if the downtrend persists. OPEC+ might intensify efforts to support oil prices, while economic conditions in China and other developed countries, such as the US and Europe, could also influence supply forecasts.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
80	78	72.90	68	65	63