USOIL Technical Analysis is trading at the area of $80.95/81.50 per barrel. In the event of an ascent and stability above the area of $81.50 per barrel, it will head to the first resistance area at $82.00 per barrel. If the rise is completed, it will head to the areas of $82.34/82.79 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $80.95 per barrel, it will head to the first support area at $80.48 per barrel, and in the event of completion of the decline, it will head to the areas of $79.98/79.54 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 82.79
• Second resistance: 82.34
• First resistance: 82.00
• Trading area: 80.95/81.50
• First support: 80.67
• Second support: 80.22
• Third support: 79.78
