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USOIL 14-11-2023 .

Technical Analysis
By Shady Fouad
0 61

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
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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