USOIL Technical Analysis Today, oil is trading at $70.58, in the event of an increase and stability above the 70.87 area, it will head to the first resistance area at 71.21, and in the event of a complete increase, it will head to the second resistance area at 71.56
On the other hand,
in the event of a decrease and stability below the 70.87 area, it will head to the first support area at 70.15 and the second support area at 69.90
USOIL Technical Analysis: Resistance and support levels
Second resistance: 71.56
• First resistance: 71.21
• First support: 70.15
• Second support: 69.90