Crude Oil Technical Analysis June 13, 2022
Crude Oil declined 1.20% against the USD on Friday and closed at 116.30. Today in the Asian session, while Crude Oil technical Analysis 31 May 2022, is preparing at 5:45 GMT, the Crude Oil is trading at 116.30, which is 1.47% lower than Yesterday’s close.
The pair is expected to find support at 115.75 and a fall through could take it to the next support level of 114.00 The pair is expected to find its first resistance at 117.15 and a rise through could take it to the next resistance level of 118.00. Today’s expected trading range is between 113.75 support and 119.40 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 115.75
Support 2: 114.00
Support 3: 113.75
Important resistance levels:
Resistance 1: 117.15
Resistance 2: 118.00
Resistance 3: 119.40