WTI Oil Faces Resistance at 72.90, Indicating Potential Reversal

WTI oil is encountering resistance at the 72.90 level, as the rebound in oil prices hints at a potential reversal. This shift could begin after a breakout above this resistance level, with 78.00 being the next target. The change in momentum is supported by fundamentals that are increasingly favoring oil's upward movement.

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