Uniglobe Markets
Uniglobe Markets
February 6, 2025 at 12:46 PM
USOil Technical Analysis Overview: Trend: US Oil is in a downtrend, currently trading at $71.07 per barrel, below most moving averages, with the MACD indicating a negative trend. Sell Recommendation: Target $69.82, with a stop loss at $71.84. Bullish Scenario: If the price breaks above $71.84, the next target is $72.36. Key Levels: Resistance: $71.53 (1st), $71.93 (2nd) Support: $70.59 (2nd), $70.86 (1st) Pivot Level: $71.26
Image from Uniglobe Markets: USOil Technical Analysis Overview:  Trend: US Oil is in a downtrend, c...

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