USOIL
We still expect the price of oil to be bearish, and the price is now settling below 103 levels. Its stability below this level is negative and important to prove the bearish trend. Technical indicators support the bearish trend. Oil continues to decline to reach 95 as a first target, provided that the level of 120 is not breached
Support : 95.00
Pivot point: 103.00
Resistance: 120.00
Price trend: descending to 103 levels, provided that 120 levels are not broken




