Crude Oil - Sell around 72.00, target 68.00-65.00

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Crude Oil - Sell around 72.00, target 68.00-65.00Brent Last Day Financial FuturesNYMEX_DL:BZ1!RuijinCatCrude Oil Market Analysis: The outlook for crude oil remains bearish today. Sell on any rebounds. Crude oil has broken through multiple support levels. The long-term situation in the Middle East is still developing in a positive direction. The opening of the Strait of Hormuz has caused crude oil to fall sharply. Consider selling around 73.00 today. Resistance for crude oil is around 80.00. As long as this level holds, you can continue selling. Fundamental Analysis: Due to the US Independence Day holiday, the non-farm payroll data was released early today. The US will be closed tomorrow. Trading Recommendation: Crude Oil - Sell around 72.00, target 68.00-65.00