USOIL may continue to rise

On the daily chart, USOIL stabilized and moved upward, and short-term bulls have the upper hand. At present, attention can be paid to the resistance near 70.6. If it breaks through, it will continue to move upward. The upper resistance is the previous supply area of ​​72.4-73.8. If the price falls below the support near 68.5, a downward trend will begin.