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USOIL 1-11-2023

Technical Analysis
By Shady Fouad
0 54

USOIL 1-11-2023
After witnessing a relative calm in price fluctuations since the middle of last week, the support level of 82.5 has been broken downwards. As a result, our target now shifts to the 79 level. However, this scenario may be invalidated if prices rebounded and breached the 83 level once again.

Support

 79.25 78.5 77.50
Resistance 82.5 89

92
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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