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USOUSD | Decoding Crude Oil’s Next Move | Commodities

Published: 22.11.2023
by Joseph Jeffriess

In today’s episode, we dive into the 4-hour chart of USOUSD and ask if it will maintain support at 76.77 and kick-start a fresh continuation?

Today’s focus: USOUSD

Pattern – Continuation 4H
Support – 76.77
Resistance – 77.64 – 78.20

Will we see a new short/medium uptrend develop on USOUSD, or could we see resistance rule out and price break lower, testing the support?

Good trading.

Oil | USOUSD | Commodities | Commodity Trading | Price Action | Technical Analysis | Trend Analysis | Chart Patterns | Technical Indicators | Continuation Patterns

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