USOIL Technical Analysis is trading at the area of $83.19/83.50 per barrel. In the event of an ascent and stability above the area of $83.50 per barrel, it will head to the first resistance area at $83.79 per barrel, and if the rise is completed, it will head to the areas of $84.08/84.35 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $83.19 per barrel, it will head to the first support area at $82.92 per barrel, and if the decline is completed, it will head to the areas of $82.65/82.38 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 84.35
• Second resistance: 84.08
• First resistance: 83.79
• Trading area: 83.19/83.50
• First support: 82.92
• Second support: 82.65
• Third support: 82.38
