USOIL Technical Analysis is trading at the $69.46/69.92 per barrel area, in case of rising and stability above the $69.92 per barrel area, it will head to the first resistance area at $70.32 per barrel, and in case of continuing the rise, it will head to the $70.78/71.17 per barrel areas
USOIL Technical Analysis On the other hand,
In case of falling and stability below the $69.46 per barrel area, it will head to the first support area at $69.06 per barrel, and in case of continuing the decline, it will head to the $68.62/68.23 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 71.17
• Second resistance: 70.78
• First resistance: 70.32
• Trading area: 69.46/69.92
• First support: 69.06
• Second support: 68.62
• Third support: 68.23