USOIL Technical Analysis is trading at $72.48/71.65 per barrel, in case of rising and stability above $72.48 per barrel, it will head to the first resistance area at $73.08 per barrel, and in case of continuing the rise, and it will head to the $73.66/74.33 per barrel areas.
USOIL Technical Analysis On the other hand
In case of falling and stability below $71.65 per barrel, it will head to the first support area at $71.01 per barrel, and in case of continuing the decline, it will head to the $70.37/69.67 per barrel areas.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 74.33
• Second Resistance: 73.66
• First Resistance: 73.08
• Trading Area: 72.48/71.65
• First Support: 71.01
• Second Support: 70.37
• Third Support: 69.67
