XTI/USD
Price is reacting to information about the US plans to sell on the open market 1 mln barrels a day from strategic reserves over the next six months. This fact is unlikely to break the medium-term bullish trend, especially since the decision of OPEC+ to maintain the same dynamics of increasing production is already putting pressure on active sellers. A fall below the protection zone of 87.50 is unlikely, we are waiting for a rollback upwards.
Price is reacting to information about the US plans to sell on the open market 1 mln barrels a day from strategic reserves over the next six months. This fact is unlikely to break the medium-term bullish trend, especially since the decision of OPEC+ to maintain the same dynamics of increasing production is already putting pressure on active sellers. A fall below the protection zone of 87.50 is unlikely, we are waiting for a rollback upwards.
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