USOIL Support and Resistance levels

Por EmpireCrown
You're referring to the USOIL (West Texas Intermediate Crude Oil) futures contract!

As of my last update, the current price of USOIL is around 68.50-69.50.

Here are some key levels related to the USOIL contract:

Resistance Levels: 70.00, 72.00, 74.00
Support Levels: 66.00, 64.00, 62.00
Fibonacci Levels: 23.6% retracement of the 2020-2022 decline is around 67.40, while the 38.2% level is around 70.80
Trend Lines: The pair has been trending upwards since the March 2020 crash, with a long-term trend line around 42.00
Pivot Points: Daily pivot points: S1-67.15, R1-70.25
Chart PatternsTechnical IndicatorslevelsLONGsupportSupport and ResistancetradeTrend Analysis
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