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USOIL 14-11-2023 .

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USOIL 14-11-2023 .

.The prices are currently trading in a bearish direction in the short term, as they tested a support area around 74.5 and bounced back to higher levels. It is expected that cautious trading will be witnessed during today’s session, with a relatively calm price volatility. There is a likelihood that prices  could test the resistance area within the $80 range.

Support

76 75.25 74.5
Resistance 78.5 79.25

80.33

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