USOIL Technical Analysis is trading at the $74.02/74.68 per barrel area, in case of rising and stability above the $74.68 per barrel area, it will head to the first resistance area at $75.21 per barrel, and in case of continuing the rise, it will head to the $75.69/76.24 per barrel areas.
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $74.02 per barrel area, it will head to the first support area at $73.47 per barrel, and in case of continuing the decline, it will head to the $72.97/72.43 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 76.24
• Second resistance: 75.69
• First resistance: 75.21
• Trading area: 74.02/74.68
• 1st support: 73.47
• 2nd support: 72.97
• 3rd support: 72.43