USOIL Technical Analysis is trading at $72.40/71.42 per barrel, in case of rising and stability above $72.40 per barrel, it will head to the first resistance area at $73.13 per barrel, and in case of continuing the rise, and it will head to the areas of $73.86/74.72 per barrel.
USOIL Technical Analysis On the other hand,
In case of falling and stability below $72.42 per barrel, it will head to the first support area at $70.65 per barrel, and in case of continuing the decline, it will head to the areas of $69.88/69.00 per barrel.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 74.72
• Second Resistance: 73.86
• First Resistance: 73.13
• Trading Area: 72.40/71.42
• First Support: 70.65
• Second Support: 69.88
• Third Support: 69.00
