USOIL Technical Analysis is trading at the $75.30/75.97 per barrel area, in case of rising and stability above the $75.97 per barrel area, it will head to the first resistance area at $76.50 per barrel, and in case of continuing the rise, it will head to the $77.01/77.54 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $75.30 per barrel area, it will head to the first support area at $74.81 per barrel, and in case of continuing the decline, it will head to the $74.32/73.79 per barrel areas.
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 77.54
• Second resistance: 77.01
• First resistance: 76.50
• Trading area: 75.30/75.97
• First support: 74.81
• Second support: 74.32
• Third support: 73.79