Cheaper Oil, USOIL still go more lower
Oil price just goes lower and lower, global uncertainty and slowdown economics drag the black gold price down
We see some key point here, we see a hidden bearish divergence between Oct 3 2018 until Jan 11 2019
There are some resistance and support level. 53.50 and 58.00 are resistance level. 45.20, 42.30, 38.75 and 36.00 are support level.
If we look at past time, oil can go lower as low as $26 per barrel which happened on Feb 2016
We see some key point here, we see a hidden bearish divergence between Oct 3 2018 until Jan 11 2019
There are some resistance and support level. 53.50 and 58.00 are resistance level. 45.20, 42.30, 38.75 and 36.00 are support level.
If we look at past time, oil can go lower as low as $26 per barrel which happened on Feb 2016
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