USOil

USOil Technical Analysis: USOIL Oil Continues to Rise
USOil Technical Analysis Today’s oil price, in the global oil market, at $70.32 per barrel. According to technical analysis, the current trend indicates an upward trend with prices trading above the moving average intersections, and the MACD indicator shows a positive trend
Accordingly, you can buy while waiting for the price to rise to $70.85, and we will target $71.85 per barrel as a target to take profits. To ensure risk control, it is recommended to set a stop loss at $69.64 per barrel.
USOil Technical Analysis: On the other hand
In the event of breaking the selling zone at $69.64 per barrel, the additional support level at $68.51 per barrel can be targeted.

USOil Technical Analysis: Resistance and support levels
• Second Resistance: 71.88
• First Resistance: 71.15
• Pivot Level: 70.10
• First Support: 69.50
• Second Support: 68.00