WTIUSD

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WTIUSD

Oil prices are preparing to close the week positively with dovish steps from the Fed that create the perception of supporting economic activity. WTI, which has managed to hold above the pivot level of 62.347, has approached the resistance of 63.408 with purchases following the stock data on Wednesday. The recovery of global growth expectations after the Fed's decision has strengthened the perception of oil demand. Breaking the resistance of 63.408 today could trigger a continuation of the move towards the level of 64.676 before the weekly close. In the event of a pullback, the main support level of 62.347 remains significant.