USOIL 16-10-2023 .

By Shady Fouad Last updated Oct 31, 2023

USOIL 16-10-2023 .
The prices have rebounded from an important support levels within the range of 82.50. It is expected that selling pressure may appear around the 88 levels. If this zone are breached, we could potentially target the 91 area .

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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