On the daily chart, USOIL is currently running below the downward trend line, and the bearish trend is obvious. At present, attention can be paid to the resistance near 69.3. If the rebound is blocked, short selling can be considered. Pay attention to the area near 64.7 below. If it falls below, it is expected to open up downward space.
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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.