USOIL Technical Analysis is trading at $71.88/71.12 per barrel, in case of rising and stability above $71.88 per barrel, it will head to the first resistance area at $72.33 per barrel, and in case of continuing the rise, and it will head to the $72.93/73.48 per barrel areas.
USOIL Technical Analysis On the other hand
In case of falling and stability below $71.12 per barrel, it will head to the first support area at $70.62 per barrel, and in case of continuing the decline, it will head to the $70.04/69.47 per barrel areas.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 73.48
• Second Resistance: 72.93
• First Resistance: 72.33
• Trading Area: 71.88/71.12
• First Support: 70.62
• Second Support: 70.04
• Third Support: 69.47
