Crude Oil Technical Analysis 27 May 2022
Crude Oil rose 3.10% against the USD on Thursday and closed at 113.20. Today in the Asian session, while Crude Oil technical Analysis 27 May 2022, is preparing at 5:45 GMT, the Crude Oil is trading at 112.35, which is 0.75% lower than Yesterday’s close.
The pair is expected to find support at 112.00 and a fall through could take it to the next support level of 111.10 The pair is expected to find its first resistance at 113.70 and a rise through could take it to the next resistance level of 114.90. Today’s expected trading range is between 110.70 support and 115.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 112.00
Support 2: 111.10
Support 3: 110.70
Important resistance levels:
Resistance 1: 113.70
Resistance 2: 114.90
Resistance 3: 115.70