USOIL Technical Analysis is trading at $69.94/69.40 per barrel, in case of rising and stability above $69.94 per barrel, it will head to the first resistance area at $70.36 per barrel, and in case of continuing the rise, and it will head to the $70.88/71.35 per barrel areas
USOIL Technical Analysis On the other hand
In case of falling and stability below $69.40 per barrel, it will head to the first support area at $68.93 per barrel, and in case of continuing the decline, it will head to the $68.45/67.90 per barrel areas.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 71.35
• Second Resistance: 70.88
• First Resistance: 70.36
• Trading Area: 69.94/69.40
• First Support: 68.93
• Second Support: 68.45
• Third Support: 67.90
