USOIL Technical Analysis is trading at the $73.67/74.13 per barrel area, in case of rising and stability above the $74.13 per barrel area, it will head to the first resistance area at $74.63 per barrel, and in case of continuing the rise, it will head to the $75.02/75.49 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $73.67 per barrel area, it will head to the first support area at $73.19 per barrel, and in case of continuing the decline, it will head to the $72.73/72.29 per barrel areas\
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 75.49
• Second resistance: 75.02
• First resistance: 74.63
• Trading area: 73.67/74.13
• 1st support: 73.19
• 2nd support: 72.73
• 3rd support: 72.29
