US crude oil short-term trading advice: trade in a high-level consolidation range, short at highs, buy at lows.
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(1) Analysis rationale: Geopolitical situation remains the dominant factor; risks to key transportation routes are supporting oil prices at high levels, but expectations of OPEC production increases and uncertainty over inventory data are limiting upside potential. At the same time, the US dollar operating at a high level is suppressing the performance of risk assets. Technically, prices are nearing resistance in the previous high region, with a short-term tendency toward high-level consolidation and adjustment. (2) Key concerns: Geopolitical situation, inventory data, US Dollar Index (3) Resistance: 118.00, 119.00, 120.00 (4) Support: 113.00, 108.00, 105.00
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