USOIL| WILL REVERSE TO UP

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The price is currently trading within the critical zone of 71.57 – 70.51, a historically strong area of resistance and support, making it challenging to break decisively. Given this, we anticipate a potential bullish movement once the price stabilizes above 71.57. A confirmed 1-hour candle closure above this level is expected to act as a catalyst, driving the price towards 73.59, and if momentum continues, further toward 57.11.

On the other hand, if the price fails to hold above 71.57 – 70.51, the bearish trend will likely resume, pushing the price downward toward 67.80.

Tendency Keys: 71.57.
Resistance Line: 71.57, 73.59, 57.11.
Support Line: 70.51, 68.51, 67.80.
تم فتح الصفقة
As previously mentioned, the price reached 70.51 before reversing and breaking 71.57. We are now awaiting a confirmed breakout and stabilization above this level to support further upward movement.

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