USOIL Technical Analysis Oil is trading at the area of $81.21/81.80 per barrel. In the event of a decline and stability below the area of $81.80 per barrel, it will head to the first support area at $82.19 per barrel, and if the decline is completed, it will head to the areas of $82.60/83.05 per barrel.
USOIL Technical Analysis On the other side
In the event of an ascent and stability above the area of $81.21 per barrel, it will head to the first resistance area at $80.67 per barrel, and if the rise is completed, it will head to the resistance areas at $79.78/80.22 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 83.05
• Second resistance: 82.60
• First resistance: 82.19
• Trading area: 81.21/81.80
• First support: 80.67
• Second support: 80.22
• Third support: 79.78
