USOIL Technical Analysis is trading at $71.45/70.84 per barrel, in case of rising and stability above $71.45 per barrel, it will head to the first resistance area at $72.04 per barrel, and in case of continuing the rise, it will head to the areas of $72.61/73.19 per barrel.
USOIL Technical Analysis On the other hand
In case of falling and stability below $70.84 per barrel, it will head to the first support area at $70.37 per barrel, and in case of continuing the decline, it will head to the areas of $69.82/69.31 per barrel.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 73.19
• Second Resistance: 72.61
• First Resistance: 72.04
• Trading Area: 71.45/70.84
• First Support: 70.37
• Second Support: 69.82
• Third Support: 69.31
