USOIL Technical Analysis is trading at the area of $78.14/78.74 per barrel. In the event of an ascent and stability above the area of $78.74 per barrel, it will head to the first resistance area at $79.23 per barrel, and if the rise is completed, it will head to the areas of $79.75/80.23 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $78.14 per barrel, it will head to the first support area at $77.61 per barrel, and in the event of completion of the decline, it will head to the areas of $77.16/76.69 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 80.23
• Second resistance: 79.75
• First resistance: 79.23
• Trading area: 78.14/78.74
• First support: 77.61
• Second support: 77.16
• Third support: 76.69
