USOIL Technical Analysis H1

USOIL Technical Analysis

USOIL Technical Analysis: Today, oil is trading at $75.38, in case of a decline and stability below the 74.88 area, it will head to the first support area at 74.22, and in case of a continuation of the decline, it will head to the second support area at 73.62

On the other hand,

In case of an increase and stability above the 74.88 area, it will head to the first resistance area 76.16 and the second resistance area at 76.76

USOIL Technical Analysis

USOIL Technical Analysis: Resistance and Support Levels

Second Resistance: 76.76

• First Resistance: 76.16

• First Support: 74.22

• Second Support: 73.62