USOIL Technical Analysis Oil is trading today at $70.85, in case of rising and stability above the 71.02 area, it will head to the first resistance at 71.20 and in case of continuing the rise, it will head to the second resistance at 71.41
On the other hand,
in case of falling and stability below the 71.02 area, it will head to the first support area 70.60 and the second support area at 70.45
USOIL Technical Analysis: Resistance and support levels
• Second resistance: 71.41
• First resistance: 71.20
• First support: 70.60
• Second support: 70.45