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USOIL 7-11-2023 .

Technical Analysis
By Shady Fouad
0 43


USOIL 7-11-2023 .

The prices are currently trending downwards in the short term with expectations of testing the support level within the $78.5 range. However, recent sessions buying force has been appeared around the $80 range If prices  brook above the $83.6 level, our target could be the $90 range.

Support

 80 79.25 78.5
Resistance 83.6 86

90
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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