USOIL Technical Analysis is trading at $68.25/68.78 per barrel, in case of rising and stability above $68.78 per barrel, it will head to the first resistance area at $69.20 per barrel, and in case of continuing the rise, it will head to the $69.62/70.04 per barrel areas
On the other hand,
In case of falling and stability below $68.25 per barrel, it will head to the first support area at $67.73 per barrel, and in case of continuing the decline, it will head to the $67.29/66.79 per barrel areas
USOIL Technical Analysis: Support and Resistance Levels
• Third Resistance: 70.04
• Second Resistance: 69.62
• First Resistance: 69.20
• Trading Area: 68.25/68.78
• First Support: 67.73
• Second Support: 67.29
• Third Support: 66.79