USOIL - Will Reverse to 74.70

Generally, the direction is downtrend

Uptrend Side: The price is currently trading above a strong support level, which could potentially drive it up to 74.70. A break above 74.70 could lead to further gains, reaching the resistance level at 76.42

Downtrend Side: If the price breaks below the 74.70 support level by closing the 1D candle, it is likely to decline sharply, potentially reaching 69.53, and further down to 67.33.

Tendency Keys: 74.70
Chart PatternsHarmonic PatternsTrend Analysis

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