USOIL Technical Analysis H1

USOIL Technical Analysis

USOIL Technical Analysis: Today, oil is trading at $74.06, in case of a decline and stability below the 73.69 area, it will head to the first support area at 73.11, and in case of a continuation of the decline, it will head to the second support area at 72.56

On the other hand,

In case of an increase and stability above the 73.69 area, it will head to the first resistance area 74.72 and the second resistance area at 75.32

USOIL Technical Analysis

USOIL Technical Analysis: Resistance and support levels

Second resistance: 75.32

• First resistance: 74.72

• First support: 73.11

• Second support: 72.56