USOIL Technical Analysis is trading at the $71.95/72.76 per barrel area, in case of rising and stability above the $72.76 per barrel area, it will head to the first resistance area at $73.32 per barrel, and in case of continuing the rise, it will head to the $73.84/74.45 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $71.95 per barrel area, it will head to the first support area at $71.37 per barrel, and in case of continuing the decline, it will head to the $70.81/70.27 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 74.45
• Second resistance: 73.84
• First resistance: 73.32
• Trading area: 71.95/72.76
• First support: 71.37
• Second support: 70.81
• Third support: 70.27
