USOIL Technical Analysis Today, oil is trading at $70.20. If it rises and stabilizes above the 70.31 area, it will head to the first resistance at 70.48. If it continues to rise, it will head to the second resistance at 70.65.
On the other hand,
if it falls and stabilizes below the 70.31 area, it will head to the first support area at 69.95 and the second support area at 69.81.
USOIL Technical Analysis: Resistance and Support Levels
Second Resistance: 70.65
First Resistance: 70.48
First Support: 69.95
Second Support: 69.81
