USOIL Support and Resistance levels

You're referring to the USOIL (West Texas Intermediate Crude Oil) futures contract!

As of my last update, the current price of USOIL is around 68.50-69.50.

Here are some key levels related to the USOIL contract:

Resistance Levels: 70.00, 72.00, 74.00
Support Levels: 66.00, 64.00, 62.00
Fibonacci Levels: 23.6% retracement of the 2020-2022 decline is around 67.40, while the 38.2% level is around 70.80
Trend Lines: The pair has been trending upwards since the March 2020 crash, with a long-term trend line around 42.00
Pivot Points: Daily pivot points: S1-67.15, R1-70.25
Chart PatternsTechnical IndicatorslevelsLONGsupportSupport and ResistancetradeTrend Analysis
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