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USOIL:Trading advice for the day

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USOIL because of the negotiation of the US debt ceiling, coupled with Russia's commitment to reduce the actual production after the change, caused market concerns, coupled with a new round of OPCE+ meeting is about to be held, the overall pace of reducing positions was worried by the market, oil also fell from above 73 yesterday all the way to around 68, basically there is no turning back, fell below the 72 short-term support and recent lows, the short-term market atmosphere is weak.

A rapid decline may bring a chance of a rebound, but the general direction is still bearish.

Trading advice

USOIL:buy@67.5 tp:68-68.5

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There is a lot of news today, pay more attention.

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