USOIL

We still expect the oil price to rise, as the price is now settling below 104 levels. Its stability above this level is positive and important to prove the bullish trend. Technical indicators support the bullish trend. Oil continues to rise to reach 110 as a first target, provided that level 95 is not breached
Support: 95.00
Pivot point: 104.00
Resistance: 110.00
Price trend: Ascending to 104 levels, provided that 95 levels are not broken