USOIL Technical Analysis Today, oil is trading at $73.50, in case of a decline and stability below the 73.08 area, it will head to the first support area at 72.48, and in case of a continuation of the decline, it will head to the second support area at 71.83
On the other hand,
In case of an increase and stability above the 73.08 area, it will head to the first resistance area 74.22 and the second resistance area at 74.75
USOIL Technical Analysis: Resistance and support levels
Second resistance: 74.75
First resistance: 74.22
First support: 72.48
Second support: 71.83