Crude Oil Technical Analysis July 15, 2021
The Crude Oil declined 2.82% against the USD on Wednesday and closed at 72.44. Today in the Asian session, while Crude Oil technical Analysis July 15, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 72.00, which is 0.55% lower from Yesterday’s close.
The pair is expected to find support at 71.20 and a fall through could take it to the next support level of 70.25 The pair is expected to find its first resistance at 73.00 and a rise through could take it to the next resistance level of 74.20. Today’s expected trading range is between 72.55 support and 76.35 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 71.20
Support 2: 70.25
Support 3: 69.55
Important resistance levels:
Resistance 1: 73.00
Resistance 2: 74.20
Resistance 3: 74.85