USOIL Technical Analysis is trading at the area of $83.74/84.29 per barrel. In the event of an ascent and stability above the area of $84.29 per barrel, it will head to the first resistance area at $84.69 per barrel, and if the rise is completed, it will head to the areas of $85.15/85.60 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $83.74 per barrel, it will head to the first support area at $83.23 per barrel, and if the decline is completed, it will head to the areas of $82.67/82.07 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 85.60
• Second resistance: 85.15
• First resistance: 84.69
• Trading area: 83.74/84.29
• First support: 83.23
• Second support: 82.67
• Third support: 82.07
