traderpulse

US Crude Oil Technical analysis

Short
TVC:USOIL   CFDs on WTI Crude Oil
The value of 60.5 resists the crude oil in making higher high.
It has bounced back sharply from the resistance and crossed a critical support as well.
Hence we expect it to retreat and come to support levels of 58.23.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.