USOIL 23-10-2023 .

By Shady Fouad Last updated Oct 31, 2023

USOIL 23-10-2023 .
Oil prices have experienced a decline near a secondary resistance level within the $90 range. This has resulted by a selling pressure, limiting the upward momentum. It is expected that prices will once again test the support area within the $82.50 range.

Support	84.5	82.5	–
Resistance	89	92	95

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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