USOIL 20-11-2023

Technical Analysis

By Shady Fouad On Nov 20, 2023

USOIL 20-11-2023|

The prices have continued to rise above 74.5 once again, facing new resistance levels within the range of 77.5/78.5. It is unlikely that these resistances will be easily breached, in contrary it is expected that the support area at 72.50 will be tested again.

Support	72.5	68.5	67
Resistance	77.5	78.5	80

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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