USOIL 18-12-2023

Technical Analysis

By Shady Fouad On Dec 18, 2023

USOIL 18-12-2023.

Prices rose from a crucial support zone within the range of $68 to reach the targets of $72.5. It is expected that this area will limit the upward momentum. However, in the event of breaking the previously mentioned resistance zone, we may target the area of $78.5.

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.

GOLD 18-12-2023

BTCUSD 18-12-2023

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