USOIL Technical Analysis is trading at the area of $77.70/78.56 per barrel. In the event of a decline and stability below the area of $77.70 per barrel, it will head to the first support area at $77.20 per barrel, and if the decline is completed, it will head to the areas of $76.73/76.32 per barrel.
USOIL Technical Analysis On the other side
In the event of an ascent and stability below the area of $78.56 per barrel, it will head to the first resistance area at $79.06 per barrel, and if the ascent is completed, it will head to the areas of $79.50/79.96 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 79.96
• Second resistance: 79.50
• First resistance: 79.06
• Trading area: 78.56/77.70
• First support: 77.20
• Second support: 76.73
• Third support: 76.32
