USOIL Technical Analysis is trading at the $72.69/73.63 per barrel area, in case of rising and stability above the $73.63 per barrel area, it will head to the first resistance area at $74.05 per barrel, and in case of continuing the rise, it will head to the $75.52/74.96 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $72.69 per barrel area, it will head to the first support area at $72.16 per barrel, and in case of continuing the decline, it will head to the $71.68/71.21 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 74.96
• Second resistance: 75.52
• First resistance: 74.05
• Trading area: 72.69/73.63
• 1st support: 72.16
• 2nd support: 71.68
• 3rd support: 71.21