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USOIL: choose the opportunity to sell short -selling

2022-07-11
1401
Fundamental analysis:
Crude oil prices have fallen this week. The fierce fluctuations in the market and concerns about the economic recession cover up the fundamental favorable fundamentals of supply. West Dhar's medium -quality oil period rose on Friday and closed at more than $ 104 per barrel, but still fell throughout the week

US crude oil USOIL 4 -hour chart


Technical analysis:

At 4 hours, the short -term exchange rate continues to rebound and has further attack potential.

Multi -time turning point: 109.00

Resistance level: 115.00 122.00

Support bit: 102.00 93.00

Trading strategy: Watch the decline under 109.00, target 102.00, 93.00

Alternative strategy: Bullies on 109.00, target 115.00, 122.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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