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USOIL Technical Analysis is trading at the $77.75/78.24 per barrel area, in case of rising and stability above the $78.24 per barrel area, it will head to the first resistance area at $78.69 per barrel, and in case of continuing the rise, it will head to the $79.05/79.47 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $77.75 per barrel area, it will head to the first support area at $77.27 per barrel, and in case of continuing the decline, it will head to the $76.76/76.36 per barrel areas.
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USOIL Technical Analysis: Support and resistance levels
• Third resistance: 79.47
• Second resistance: 79.05
• First resistance: 78.69
• Trading area: 77.75/78.24
• First support: 77.27
• Second support: 76.76
• Third support: 76.36