Crude oil focuses on the 77.5 important dividing line

Crude oil technical analysis
Daily resistance 77.5, support below 74.4
Four-hour resistance 77.5, support below 76

Crude oil operation suggestions: The overall price of crude oil continues to fluctuate downward above the 78 mark, continuing the recent trend of suppressing short positions. Today, the upper resistance focuses on the starting point of the hourly line decline, 77.5-77.8. During the day, we will continue to rely on this position to continue to be short and follow the trend to fall back. The lower target is still concerned about breaking the bottom. The short-term long and short watershed focuses on the 77.5 line. When you first reach this position, you can try to short with a light position, once.

SELL:78.5 near SL:79.00
SELL:77.5 near SL:78.00

Technical analysis only provides trading direction!

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