USOIL Technical Analysis is trading at the $76.53/77.06 per barrel area, in case of rising and stability above the $77.06 per barrel area, it will head to the first resistance area at $77.51 per barrel, and in case of continuing the rise, it will head to the $77.90/78.34 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $76.53 per barrel area, it will head to the first support area at $76.00 per barrel, and in case of continuing the decline, it will head to the $75.51/75.07 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 78.34
• Second resistance: 77.90
• First resistance: 77.51
• Trading area: 76.53/77.06
• First support: 76.00
• Second support: 75.51
• Third support: 75.07