USOUSD -

Looking at USOUSD on the Daily chart we can see that the price has turned from its previous positive momentum and stalled out around 95.85. Since that turn a downtrend has formed and looks to have space to move lower to the 80.50 range.

Key Point of resistance other wise its back down hill even further to the $67.50 range.

200 Day moving average 80.885

POC 80.451
Supply and DemandTrend AnalysisTrend Lines

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