Uniglobe Markets
Uniglobe Markets
February 25, 2025 at 12:36 PM
USOil is currently in a bearish trend, trading at $70.58 per barrel. The price is below moving averages, and the MACD shows a mixed trend. A selling opportunity is identified with a target at $69.18, as the price may drop to $70.05. A stop loss should be set at $71.39 to manage risk. If the price breaks $71.39, it could rise towards $72.09. Resistance levels: 71.10 (Second) 70.78 (First) Support levels: 70.22 (First) 69.98 (Second) Pivot level: 70.54
Image from Uniglobe Markets: USOil is currently in a bearish trend, trading at $70.58 per barrel. T...

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