Crude Oil Technical Analysis April 24, 2019
Crude Oil Technical Analysis : The Crude Oil rose 0.57% against the USD on Tuesday and closed at 66.13. Today in the European session while Crude Oil technical analysis April 24, 2019 is preparing at 9:45 GMT, the Crude Oil trading at 65.85, which is 0.42% lower from Yesterday’s close.
The pair is expected to find support at 65.60 and a fall through could take it to the next support level of 65.10 The pair is expected to find its first resistance at 66.60, and a rise through could take it to the next resistance level of 67.00 For today the expected trading range is between 64.62, Support and 67.56 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 65.60 Support 2: 65.10 Support 3: 64.62
Resistance Levels: Resistance 1: 66.60 Resistance 2: 67.00 Resistance 3: 67.56
Crude Oil Buying Opportunity for Intraday Trading April 24, 2019
Buy near the support area 65.60 and 67.00 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
Crude Oil Selling Opportunity for Intraday Trading April 24, 2019
Sell near the resistance area 66.38 and 67.12 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.