USOIL Technical Analysis is trading at the $67.63/68.11 per barrel area, in case of rising and stability above the $68.11 per barrel area, it will head to the first resistance area at $68.52 per barrel, and in case of continuing the rise, it will head to the $68.90/69.29 per barrel areas
On the other hand,
In case of falling and stability below the $67.63 per barrel area, it will head to the first support area at $67.23 per barrel, and in case of continuing the decline, it will head to the $66.79/66.43 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 69.29
• Second resistance: 68.90
• First resistance: 68.52
• Trading area: 67.63/68.11
• First support: 67.23
• Second support: 66.79
• Third support: 66.43
