Reason for Entry: Resistance at 71.67 signals bearish momentum targeting support levels at 70.50 and 69.92.
Summary USoil is trading at 71.02, with resistance levels at 71.44, 70.86, and 70.50, and support levels at 69.35, 68.99, and 68.41. Swing high is at 71.47, and swing low is at 66.59. A buy setup is favorable near 70.34, targeting 71.02 and 71.44, while a sell setup at 71.67 targets 70.50 and 69.92.