USOIL Technical Analysis is trading at the area of $80.74/81.36 per barrel. In the event of an ascent and stability above the area of $81.36 per barrel, it will head to the first resistance area at $81.85 per barrel, and if the rise is completed, it will head to the areas of $82.28/82.73 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $80.74 per barrel, it will head to the first support area at $80.26 per barrel, and if the decline is completed, it will head to the areas of $79.76/79.29 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 82.73
• Second resistance: 82.28
• First resistance: 81.85
• Trading area: 80.74/81.36
• First support: 80.26
• Second support: 79.76
• Third support: 79.29
