Monday: Crude oil continues to fluctuate in a range
Updated
Oil prices ended slightly higher last week after the International Energy Agency (IEA) and oil producer group OPEC jointly forecast strong growth in global oil demand and cold winter weather disrupted U.S. crude output, while the government reported a sharp weekly reduction in crude oil production.
Crude oil is expected to continue to maintain a volatile trend during the day. The technical aspect will focus on the support near 72, and the upper side will first focus on the resistance near 74.5. Sell high and buy low.
Crude oil is expected to continue to maintain a volatile trend during the day. The technical aspect will focus on the support near 72, and the upper side will first focus on the resistance near 74.5. Sell high and buy low.
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crude oil(USOIL): now is 72.8BUY:72.5~72.7
❌sl:72
✅tp:73.5~74
Quotation based on Tradingview
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Shocking market, buy crude oil today Trade active
Profit is almost 100 pointsTrade active
Crude oil makes 100pips profit Trade active
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Pay attention to the resistance near 76 above
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