WTI Crude oil prices are holding steady despite retracing some of the gains from earlier in the week.
Price action is currently forming a higher low above the 22.00 handle.
The trend line needs to be breached to confirm the upside. But resistance at 28.00 will likely hold.
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In the event that WTI crude oil breaks past this level, then we expect a move to the 35.00 handle next.