WTI crude is up around 2% today and is heading towards the key resistance at $91.84. This level previously supported and is expected to cap on initial attempts with technical based selling expected ahead. At present oil is pausing at the falllign daily trend line drawn off the Apr 1 high.
Initial support is seen at todays lows around $89.23 with a close back below the Apr 22 low ($87.70) needed to see focus return to the 2013 lows at $85.93.
