Crude Oil Technical Analysis August 23, 2021
Crude Oil declined 2.67% against the USD on Friday and closed at 61.86. Today in the Asian session, while Crude Oil technical Analysis August 23, 2021 is preparing at 5:45 GMT, the Crude Oil trading at 63.85, which is 3.32% higher from Yesterday’s close.
The pair is expected to find support at 62.50 and a fall through could take it to the next support level of 61.70 The pair is expected to find its first resistance at 65.00 and a rise through could take it to the next resistance level of 65.50. Today’s expected trading range is between 61.55 support and 65.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 62.50
Support 2: 61.70
Support 3: 61.00
Important resistance levels:
Resistance 1: 65.00
Resistance 2: 65.50
Resistance 3: 67.10