USOIL Technical Analysis is trading at the area of $78.06/77.13 per barrel. In the event of an ascent and stability above the area of $78.06 per barrel, it will head to the first resistance area at $78.53 per barrel. If the rise is completed, it will head to the areas of $79.04/79.60 per barrel.
USOIL Technical Analysis On the other side
In the event of a decline and stability below the area of $77.13 per barrel, it will head to the first support area at $76.46 per barrel, and in the event of completion of the decline, it will head to the areas of $75.81/75.08 per barrel.
USOIL Technical Analysis: support and resistance levels
• Third resistance: 79.60
• Second resistance: 79.04
• First resistance: 78.53
• Trading area: 78.06/77.13
• First support: 76.46
• Second support: 75.81
• Third support: 75.08
