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USOIL Technical Analysis is trading at the area of $83.11/83.50 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 $83.88 per barrel, and if the rise is completed, it will head to the areas of $84.26/84.61 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $83.11 per barrel, it will head to the first support area at $82.68 per barrel, and if the decline is completed, it will head to the areas of $82.28/81.83 per barrel.
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USOIL Technical Analysis: support and resistance levels
• Third resistance: 84.61
• Second resistance: 84.26
• First resistance: 83.88
• Trading area: 83.11/83.50
• First support: 82.68
• Second support: 82.28
• Third support: 81.83