Time 10:30 AM GMT

USOIL

The USOIL inside an uptrend on the medium term and bounced up from level 57.54 after forming a new bottom around it to continue the uptrend which will targets level 62.25 then 66.59 and the RSI indicators shows by moving above level 70 inside the overbought area the increasing of the probability of bouncing down to correct before continuing the uptrend and the stochastic indicators shows by moving above level 80 inside the overbought area the increasing of the probability of bouncing down to correct before continuing the uptrend

Resistance levels

62.25, 66.59, 70.00, 76.97

Support levels

57.54, 54.23, 52.92, 50.53