USOIL Technical Analysis is trading at the $75.79/76.30 per barrel area, in case of rising and stability above the $76.30 per barrel area, it will head to the first resistance area at $76.70 per barrel, and in case of continuing the rise, it will head to the $77.03/77.48 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $75.79 per barrel area, it will head to the first support area at $75.38 per barrel, and in case of continuing the decline, it will head to the $74.96/74.59 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 77.48
• Second resistance: 77.03
• First resistance: 76.70
• Trading area: 75.79/76.30
• 1st support: 75.38
• 2nd support: 74.96
• 3rd support: 74.59