Crude oil - Sell around 65.00, target 63.00-61.00Crude Oil Market Analysis:
Crude oil has recently begun to decline, and selling is still evident. There is still room for selling below this level. Today's strategy is to continue selling on rebounds. If the daily line breaks 63.00, it will continue to decline. If it rebounds, consider selling around 65.00. Without major fundamental support, crude oil will struggle to recover on the daily chart.
Fundamental Analysis:
Today, focus on the most important data point this week, the CPI. This economic data has recently seen significant movement, even surpassing the non-farm payroll data.
Trading Recommendations:
Crude oil - Sell around 65.00, target 63.00-61.00
