Crude oil rebounded strongly the day before yesterday under the stimulus of news, but the positive transmission was not much, and the rebound was not sustainable and breakthrough. In the long run, we still see a downward trend, but in the short term, supported by the news of OPEC+ extending production cuts, such a big direction has not come out so quickly, and it is expected to fluctuate for a while. For today's operation, I personally recommend the band as the main, and the personal recommended range is 68-69.7. In the short term, 68-68.2 can be long, the first target is 69.2, and then look at 69.7 after the breakthrough.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.