WTIUSD

Oil futures rose this week following an agreement between the United States and the European Union. However, this increase remained weak compared to Friday's drop, and the downward outlook has not yet changed. It is essential to closely monitor reactions during the European and US sessions throughout the day.

If prices remain below the resistance levels of 65.50 - 66.00, the likelihood of continued downward movement is high. In case of a decline, the target levels could be 65.00 and 64.50. If prices manage to break above the 65.50 - 66.00 resistance, new downward potential may arise. Therefore, closing above 66.00 is crucial for the continuation of the upward trend.