USOIL Technical Analysis is trading at the $74.36/75.08 per barrel area, in case of rising and stability above the $75.08 per barrel area, it will head to the first resistance area at $75.50 per barrel, and in case of continuing the rise, it will head to the $76.01/76.49 per barrel areas
On the other hand,
In case of falling and stability below the $74.36 per barrel area, it will head to the first support area at $73.81 per barrel, and in case of continuing the decline, it will head to the $73.24/72.66 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 76.49
• Second resistance: 76.01
• First resistance: 75.50
• Trading area: 74.36/75.08
• First support: 73.81
• Second support: 73.24
• Third support: 72.66
