USOil Technical Analysis is trading at $70.25/69.52 per barrel, in case of rising and stability above $70.25 per barrel, it will head to the first resistance area at $70.84 per barrel, and in case of continuing the rise, and it will head to the $71.41/71.95 per barrel areas
USOILTechnical Analysis On the other hand
In case of falling and stability below $69.52 per barrel, it will head to the first support area at $69.07 per barrel, and in case of continuing the decline, it will head to the $68.50/67.99 per barrel areas.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 71.95
• Second Resistance: 71.41
• First Resistance: 70.84
• Trading Area: 70.25/69.52
• First Support: 69.07
• Second Support: 68.50
• Third Support: 67.99