USOIL Technical Analysis is trading at the $74.21/74.70 per barrel area, in case of rising and stability above the $74.70 per barrel area, it will head to the first resistance area at $75.16 per barrel, and in case of continuing the rise, it will head to the $75.56/76.00 per barrel areas.
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $74.21 per barrel area, it will head to the first support area at $73.71 per barrel, and in case of continuing the decline, it will head to the $73.24/72.87 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 76.00
• Second resistance: 75.56
• First resistance: 75.16
• Trading area: 74.21/74.70
• First support: 73.71
• Second support: 73.24
• Third support: 72.87
