USOIL Technical Analysis is trading at the $71.61/71.12 area, in case of rising and stability above the 71.61 area, it will head to the first resistance area at 72.08 and in case of continuing the rise, and it will head to the 72.53/73.00 areas.
USOIL Technical Analysis On the other hand
In case of falling and stability below the 71.12 area, it will head to the first support area at 70.74 and in case of continuing the decline, it will head to the support areas at 70.32/69.89.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 73.00
• Second Resistance: 72.53
• First Resistance: 72.08
• Trading Area: 71.61/71.12
• First Support: 70.74
• Second Support: 70.32
• Third Support: 69.89
