USOIL Technical Analysis is trading at the $76.75/77.29 per barrel area, in case of rising and stability above the $77.29 per barrel area, it will head to the first resistance area at $77.79 per barrel, and in case of continuing the rise, it will head to the $78.21/78.63 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $76.75 per barrel area, it will head to the first support area at $76.24 per barrel, and in case of continuing the decline, it will head to the $75.77/75.22 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 78.63
• Second resistance: 78.21
• First resistance: 77.79
• Trading area: 76.75/77.29
• First support: 76.24
• Second support: 75.77
• Third support: 75.22