USOIL Technical Analysis Today, oil is trading at $78.42, in the event of a decline and stability below the 78.05 area, it will head to the first support area at 77.56, and in the event of a continuation of the decline, it will head to the second support at 77.09
On the other hand,
In the event of an increase and stability above the 78.05 area, it will head to the first resistance area 78.97 and the second resistance area at 79.35
USOIL Technical Analysis: Resistance and support levels
• Second resistance: 79.35
• First resistance: 78.97
• First support: 77.56
• Second support: 77.09