USOIL 4-1-2023

Technical Analysis

By Shady Fouad On Jan 4, 2024

USOIL 4-1-2023.

Prices are trading in a sideways range between the significant support and resistance zones of 68 and 78.5. There is a likelihood of short-term upward movement in prices, testing the previously mentioned resistance zones.

Support	70	68	–
Resistance	73.70	76	76

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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