USOIL Technical Analysis is trading at the $69.03/69.51 per barrel area, in case of rising and stability above the $69.51 per barrel area, it will head to the first resistance area at $69.93 per barrel, and in case of continuing the rise, it will head to the $70.32/70.70 per barrel areas
On the other hand,
In case of falling and stability below the $69.03 per barrel area, it will head to the first support area at $68.60 per barrel, and in case of continuing the decline, it will head to the $68.20/67.85 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 70.70
• Second resistance: 70.32
• First resistance: 69.93
• Trading area: 69.03/69.51
• 1st support: 68.60
• 2nd support: 68.20
• 3rd support: 67.85
