USOIL Technical Analysis is trading at the $76.66/77.31 per barrel area, in case of rising and stability above the $77.31 per barrel area, it will head to the first resistance area at $77.81 per barrel, and in case of continuing the rise, it will head to the $78.25/78.75 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $76.66 per barrel area, it will head to the first support area at $76.06 per barrel, and in case of continuing the decline, it will head to the $75.51/74.92 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 78.75
• Second resistance: 78.25
• First resistance: 77.81
• Trading area: 76.66/77.31
• First support: 76.06
• Second support: 75.51
• Third support: 74.92