USOIL 14-12-2023

Technical Analysis

By Shady Fouad On Dec 14, 2023

USOIL 14-12-2023.

prices have fallen from an important resistance zone within the range of $72.5 and reached the target level of $68. It is expected that the pace of decline will slow down as this area acts as a strong support.

Support	68.5	67	–
Resistance	72.5	76.5	78.5

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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