USOIL Technical Analysis is trading at the area of $82.34/82.86 per barrel. In the event of an ascent and stability above the area of $82.86 per barrel, it will head to the first resistance area at $83.34 per barrel, and if the rise is completed, it will head to the areas of $83.80/84.21 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $82.34 per barrel, it will head to the first support area at $81.85 per barrel, and if the decline is completed, it will head to the areas of $81.39/80.89 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 84.21
• Second resistance: 83.80
• First resistance: 83.34
• Trading area: 82.34/82.86
• First support: 81.85
• Second support: 81.39
• Third support: 80.89
