USOil will it cross 82 level?
**Monthly Chart**
Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. This month candle continues the bullish move and now moving near the low of Oct 2023 bearish MC at around 80.79 level. If the price is able to break this level, then next target will be around 90 level.
**Weekly Chart**
Last week candle closed bullish after breaking the high of the Feb 2024 candle. Last week there were good buying opportunities on USOil. The question now will it continue moving higher and cross 82 levels?
**Daily Chart**
I am expecting a continuation of this trend higher. I will be looking to buy the dips with a good confirmation to start the new upward swing. Next target will be around 84 and then 90 levels.
Last month's candle closed Bullish suggesting the trend to continue moving higher towards testing MC level of Oct 2023 at around 90 level. This month candle continues the bullish move and now moving near the low of Oct 2023 bearish MC at around 80.79 level. If the price is able to break this level, then next target will be around 90 level.
**Weekly Chart**
Last week candle closed bullish after breaking the high of the Feb 2024 candle. Last week there were good buying opportunities on USOil. The question now will it continue moving higher and cross 82 levels?
**Daily Chart**
I am expecting a continuation of this trend higher. I will be looking to buy the dips with a good confirmation to start the new upward swing. Next target will be around 84 and then 90 levels.
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