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Oil recoup overnight losses

CROSS ASSET
  • Oil and WTI recoup some of the overnight pullbacks lower, now back at session high.
  • Next resistance for WTI is at $100.54 - High Feb 24
  • Gold also firms higher, on the weaker USD, and next resistance for Gold is seen further out, towards $1940.9 - Bull channel top drawn from the Aug 9 2021 low
  • USD trades in the red versus all G10, beside the SEK, but worth keeping an eye on the Greenback, with Equities drifting lower.

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