USOIL Technical Analysis is trading at the $67.59/68.00 per barrel area, in case of rising and stability above the $68.00 per barrel area, it will head to the first resistance area at $68.40 per barrel, and in case of continuing the rise, it will head to the $68.77/69.08 per barrel areas
On the other hand,
In case of falling and stability below the $67.59 per barrel area, it will head to the first support area at $67.20 per barrel, and in case of continuing the decline, it will head to the $66.86/66.47 per barrel areas
USOIL Technical Analysis: Support and resistance levels
• Third resistance: 69.08
• Second resistance: 68.77
• First resistance: 68.40
• Trading area: 67.59/68.00
• 1st support: 67.20
• 2nd support: 66.86
• 3rd support: 66.47
