freddeal

Crude Oil May Bottom Rebound

Short
TVC:USOIL   CFDs on WTI Crude Oil


Crude oil has been on the rise during the Asia-Europe session yesterday, and it did not drop significantly until the beginning of the US market in the evening. It can be regarded as a correction for the rise since 66.80. At present, the adjustment is not over yet. Today it may fall first and then rise. In the short term, it will fall first. It is recommended to sell crude oil at 69.25, stop loss at 69.70, and target 68.30~67.70. If it falls directly to the 67.70 line, you can try to do more.

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