USOIL Technical Analysis Today, oil is trading at $70.35, in the event of an increase and stability above the 70.57 area, it will head to the first resistance area at 70.86, and in the event of a complete increase, it will head to the second resistance area at 71.16
On the other hand,
In the event of a decrease and stability below the 70.57 area, it will head to the first support area 69.98 and the second support area at 69.76
USOIL Technical Analysis: Resistance and support levels
Second resistance: 71.16
First resistance: 70.86
First support: 69.98
Second support: 69.76