Daily Technical Report 30-9-2024

Technical Analysis

By Shady Fouad On Sep 30, 2024

USOIL

Oil is trading below the resistance zone of $69.25, and if it breaks above, prices may target the $71.50 zone. However, it is likely that prices will decline and retest the minor support zone of $66.75 during today’s trading.

Support	66.75	65.25	–
Resistance	69.25	71.50	73.50

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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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