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USOIL 30-11-2023

Technical Analysis
By Shady Fouad
0 30

USOIL 30-11-2023

The price is currently trading near a key resistance $78.5 and $80 ,  If  prices managed to  break above, it will be the first sign of a short-term bullish trend reversal. However, if the prices break below the important support zone at 72.5, we will resume the bearish trend.

Support

 77 74.5 72.5
Resistance 78.5 80

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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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