Crude oil is expected to fluctuate.
Updated
Technical analysis of crude oil
Daily resistance 78.2, support below 72.7
Four-hour resistance 77.5, support below 76
Operation suggestions for crude oil: Crude oil fluctuated and rose throughout the day yesterday, and finally reached the 78.2 mark, which was in line with expectations
From the current trend, today's lower support focuses on the key support level of 77.2-76.1 formed by the hourly line yesterday, and the upper pressure should first pay attention to the vicinity of 78.2-78.4. Intraday operations can be carried out around this range, adopting a strategy of selling high and buying low.
SELL:78.2near SL:78.50
SELL:78.4near SL:78.70
Technical analysis only provides trading direction!
Daily resistance 78.2, support below 72.7
Four-hour resistance 77.5, support below 76
Operation suggestions for crude oil: Crude oil fluctuated and rose throughout the day yesterday, and finally reached the 78.2 mark, which was in line with expectations
From the current trend, today's lower support focuses on the key support level of 77.2-76.1 formed by the hourly line yesterday, and the upper pressure should first pay attention to the vicinity of 78.2-78.4. Intraday operations can be carried out around this range, adopting a strategy of selling high and buying low.
SELL:78.2near SL:78.50
SELL:78.4near SL:78.70
Technical analysis only provides trading direction!
Trade active
Technical analysis of Crude Oil Tuesday
Daily resistance 72.7-78.2, support 71-70
Four-hour resistance 73.8, support 72.7-70
Operation suggestions for crude oil: Crude oil fell for three consecutive days on the daily line, and rebounded after touching the lower track of the triangle yesterday.
The overall price showed a support and stabilization pattern near the 71 mark. In the short term, the price is expected to return to the wide range of long and short fluctuations. Today, the lower support focuses on the neckline of the hourly line yesterday, which is around 72.5-72.7. The upper pressure focuses on the area around 73.84-74. During the day, we will continue to rely on this range to sell high and buy low. The short-term watershed between long and short strengths and weaknesses still focuses on the integer mark of 77. Before the daily level breaks through and stands on this position, we will continue to suppress the long and short fluctuations.
BUY:72.7near
SELL:75.5near
SELL:73.8near
Technical analysis only provides trading direction!
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