USOIL Technical Analysis is trading at $70.85/70.32 per barrel, in case of rising and stability above $70.85 per barrel, it will head to the first resistance area at $72.45 per barrel, and in case of continuing the rise, and it will head to the $72.00/72.51 per barrel areas.
USOIL Technical Analysis On the other hand
In case of falling and stability below $70.32 per barrel, it will head to the first support area at $69.78 per barrel, and in case of continuing the decline, it will head to the $69.21/68.67 per barrel areas.
USOIL Technical Analysis: Support and resistance levels
• Third Resistance: 72.51
• Second Resistance: 72.00
• First Resistance: 71.45
• Trading Area: 70.85/70.32
• First Support: 69.78
• Second Support: 69.21
• Third Support: 68.67
