USOIL Retracement 27.03.2024

| 27 March, 2024 at 10:56 GMT



USOIL Retracement 27.03.2024 by BDSwiss_Academy on TradingView.com

Eyes on Crude oil / USOIL. this reversal that shows a rapid downward movement boosts the probability of a retracement taking place today. The target level should be near 81.15 USD/b (61.8 Fibo).

Alternative scenario would be that the price breaks the support leading to the next support at 80 USD/b.

Marios Kyriakou

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