USOIL - Touch strong resistance
USOIL went up yesterday and reached to the zone from 72 to 74, the area that this commodity penetrated to confirm the short term downtrend 2 weeks ago, therefore, this is the strong resistance for current recovery trend. In my opinion, USOIL can be corrected and move down to the zone 70-71.
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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.