USOil Technical Analysis: Downtrend USOil is currently trading at $72.09 per barrel, showing a downtrend with prices below key moving average intersections. The MACD indicates a negative trend. A potential buy could occur if the price rises to $72.96, with a target at $73.78. Place a stop loss at $71.41 to manage risks. If the price breaks below $71.41, it may head towards the $70.81 support level. Resistance and Support Levels: Second Resistance: 72.60 First Resistance: 72.30 Pivot Level: 72.10 First Support: 71.80 Second Support: 71.50