Target 90
Updated
Crude oil prices rose to a nine-month high after Saudi Arabia and Russia extended notices of voluntary supply reductions until the end of the year.
After hitting a high of 88, crude oil fell into a high and volatile situation. It has tested the suppression of the 88 line three times. With the high point clearly suppressed, the bulls encountered resistance when rising, while the bears had strong support below 85.6.
It is only a matter of time before crude oil breaks through 88.
Bearish in the short term, bullish in the long term.
Note
The support level of crude oil continues to rise. Today we are still waiting for the long opportunity after the pullback is in place.Note
waiting for 90
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