Dylan-Jones

Crude oil: we continue to pay attention to 80

Long
FX:USOIL   CFDs on Crude Oil (WTI)

The short-term goal of crude oil price is to stand above the 80 mark, and the price reached the target as scheduled last week. But even if it reaches 80, at present, the crude oil price does not show a short-selling signal
Seen from the daily line, the market continued to open, and the price maintained a fluctuating upward trend along the upward channel. Although there was a process of callback and rest in the middle, the overall callback range was not very large. Basically, they stepped out of new highs and stepped back to confirm the rise again, so it was big The direction is still dominated by callbacks. In 4 hours, the price encountered resistance near the upper rail and retreated. The price basically moved between the upper rail and the middle rail. The lower middle rail 80 area is supported.
Pay more attention to above 80

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