USOIL Technical Analysis Today, oil is trading at $69.44, in the event of a decline and reaching the 69.34 area, it will head to the first support area at 69.20, and in the event of a continuation of the decline, it will head to the second support at 69.06
On the other hand,
In the event of an increase and stability above the 69.34 area, it will head to the first resistance area 69.68 and the second resistance area at 69.82
USOIL Technical Analysis: Resistance and support levels
• Second resistance: 69.82
• First resistance: 69.68
• First support: 69.20
• Second support: 69.06
