USOIL Technical Analysis is trading today at $61.95. If it declines and reaches the 61.23 area, it will head to the first support area at 60.40. If it continues to decline, it will head to the second support area at 59.56.
On the other hand,
if it rises and stabilizes above the 61.23 area, it will head to the first resistance area at 63.04 and the second resistance area at 63.87.

USOIL Technical Analysis: Resistance and Support Levels
• Second Resistance: 63.87
• First Resistance: 63.04
• First Support: 60.40
• Second Support: 59.56