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USOIL Technical Analysis is trading at the area of $80.53/81.13 per barrel. In the event of an ascent and stability above the area of $81.13 per barrel, it will head to the first resistance area at $82.63 per barrel, and if the rise is completed, it will head to the areas of $82.13/82.62 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $80.53 per barrel, it will head to the first support area at $80.06 per barrel, and if the decline is completed, it will head to the areas of $79.54/79.02 per barrel.
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USOIL Technical Analysis: support and resistance levels
• Third resistance: 82.62
• Second resistance: 82.13
• First resistance: 82.63
• Trading area: 80.53/81.13
• First support: 80.06
• Second support: 79.54
• Third support: 79.02