USOIL Technical Analysis Today, oil is trading at $72.41, in case of a decline and reaching the 72.65 area, it will head to the first support area at 72.17 and in case of continuing the decline, it will head to the second support at 71.97
On the other hand,
In case of an increase and stability above the 72.65 area, it will head to the first resistance area 72.86 and the second resistance area at 73.07
USOILTechnical Analysis: Resistance and support levels
• Second resistance: 73.07
• First resistance: 72.86
• First support: 72.17
• Second support: 71.97