USOIL 30-1-2024

Technical Analysis

By Shady Fouad On Jan 30, 2024

USOIL 30-1-2024.

prices rose rapidly until they reached the target zone of $78.5, where the expected appearance of selling pressure in this area slowed down the upward momentum. In this case, we may retest the $75 zone again.

Support	76	75	74
Resistance	78.5	78.90	79.75

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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