USOIL Technical Analysis is trading at the $79.38/79.96 per barrel area, in case of rising and stability above the $79.96 per barrel area, it will head to the first resistance area at $80.30 per barrel, and in case of continuing the rise, it will head to the $80.68/81.05 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $79.38 per barrel area, it will head to the first support area at $78.88 per barrel, and in case of continuing the decline, it will head to the $78.49/78.00 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 81.05
• Second resistance: 80.68
• First resistance: 80.30
• Trading area: 79.38/79.96
• First support: 78.88
• Second support: 78.49
• Third support: 78.00
