USOIL Technical Analysis is trading at the $72.03/72.71 per barrel area, in case of rising and stability above the $72.71 per barrel area, it will head to the first resistance area at $73.14 per barrel, and in case of continuing the rise, it will head to the $73.59/74.13 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $72.03 per barrel area, it will head to the first support area at $71.63 per barrel, and in case of continuing the decline, it will head to the $71.19/70.78 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 74.13
• Second resistance: 73.59
• First resistance: 73.14
• Trading area: 72.03/72.71
• 1st support: 71.63
• 2nd support: 71.19
• 3rd support: 70.78