WTIUSD recently reversed up from the pivotal support level 31.55 (former monthly high from April, which stopped the previous short-term correction 4). The upward reversal from this support level continues the active medium-term upward corrective wave (B) from the middle of April. WTIUSD is likely to rise further toward the next resistance level 35.00 (top of the A-wave of the active correction (B)) – the breakout of which will lead to further gains toward the next resistance level 36.85 (top of wave (iv) from the start of March).