Intraday Trading Suggestion for US Crude Oil: Fluctuating Downward, Sell on Rallies

(1) Analysis reason: The improvement in navigation through the Strait of Hormuz and temporary exemptions for Iran's crude oil exports have significantly eased concerns about market supply, causing continued pressure on international oil prices. Although geopolitical tensions may still fluctuate, the US dollar remains strong, market risk premium is declining, and technical indicators have broken below the medium-term moving average support, leading to a continued weak short-term trend. Pay attention to the support performance near $72.(2) Key focus: Geopolitical situation, inventory data, US Dollar Index, OPEC+ production policy(3) Resistance: 73.50, 74.00, 74.80(4) Support: 72.00, 71.00, 70.00