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crude oil prices fluctuatedmegamoolahfreespins, WTI continues downward trend
As the EMA50 continues to put pressure on WTI crude oil prices, market analysts have expressed concerns about oil prices.megamoolahfreespinsBe cautious in the short-term trend. At the end of trading yesterday, WTI crude oil closed below 77megamoolahfreespins$.64, which has become a key bearish point in the near term.
Analysts pointed out that if WTI crude oil prices can exceed 77megamoolahfreespins64 US dollars, then the market may see a turning point, and the preliminary target is expected to be US$79.60. Currently, traders are focusing on the support level of $75.60 and the resistance level of $78.60.
Looking to the future, analysts 'forecasts are still biased towards bearish, and it is expected that WTI crude oil prices will continue to seek new support points around US$75.24 in the short term.