USOIL Technical Analysis is trading at the $78.19/78.74 per barrel area, in case of rising and stability above the $78.74 per barrel area, it will head to the first resistance area at $79.17 per barrel, and in case of continuing the rise, it will head to the $79.53/79.99 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $78.19 per barrel area, it will head to the first support area at $77.62 per barrel, and in case of continuing the decline, it will head to the $77.16/76.62 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 79.99
• Second resistance: 79.53
• First resistance: 79.17
• Trading area: 78.19/78.74
• First support: 77.62
• Second support: 77.16
• Third support: 76.62
