USOIL Technical Analysis is trading at the $71.79/72.65 per barrel area, in case of rising and stability above the $72.65 per barrel area, it will head to the first resistance area at $73.21 per barrel, and in case of continuing the rise, it will head to the $73.82/74.35 per barrel areas
On the other hand,
In case of falling and stability below the $71.79 per barrel area, it will head to the first support area at $71.08 per barrel, and in case of continuing the decline, it will head to the $70.39/69.62 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 74.35
• Second resistance: 73.82
• First resistance: 73.21
• Trading area: 71.79/72.65
• First support: 71.08
• Second support: 70.39
• Third support: 69.62
