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USOIL 5-10-2023 .

Technical Analysis
By Shady Fouad
0 53


USOIL 5-10-2023 .
The prices declined in yesterday’s trading session , as a secondary support level at 88.25 was broken . The RSI indicator showed weakness in the recent upward movement. Currently , prices are trading around a strong support zone in the range of 84 It is expected that there will be a rebound from these levels, targeting the 88 zone once again .

Support

 83.5 82.5 –
Resistance 88 91

95
Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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