USOIL Technical Analysis is trading at $70.18/69.46 per barrel, in case of rising and stability above $70.18 per barrel, it will head to the first resistance area at $70.60 per barrel, and in case of continuing the rise, and it will head to the $71.16/71.57 per barrel areas.
USOIL Technical Analysis On the other hand,
In case of falling and stability below $69.46 per barrel, it will head to the first support area at $68.96 per barrel, and in case of continuing the decline, it will head to the $68.55/68.00 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 71.57
• Second Resistance: 71.16
• First Resistance: 70.60
• Trading Area: 70.18/69.46
• First Support: 68.96
• Second Support: 68.55
• Third Support: 68.00
