Crude oil is focusing on support near 80, how to trade today?
Updated
The short-term trend of crude oil (1H) fluctuated and hit new lows, testing the 80 support. The moving average system is arranged in a short position, and the short-term objective trend is downward. Oil prices hit around 80.70, forming a certain recurrence, and their upward strength is relatively weak. It is expected that crude oil will remain volatile in the short term during the day.
Trading strategy: 81.60 short, stop loss: 81.90, target 80.60.Trading strategies are for reference only
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