USOIL Technical Analysis Today, oil is trading at $71.41, in the event of a decline and reaching the 71.24 area, it will head to the first support area at 71.01, and in the event of a continuation of the decline, it will head to the second support at 70.74
On the other hand,
In the event of an increase and stability above the 71.24 area, it will head to the first resistance area 71.74 and the second resistance area at 71.92
USOIL Technical Analysis: Resistance and support levels
• Second resistance: 71.92
• First resistance: 71.74
• Support First: 71.01
• Second support: 70.74
