Crude Oil Technical Analysis June 23, 2022
Crude Oil declined 4.97% against the USD on Wednesday and closed at 103.65. 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 103.00, which is 0.67% lower than Yesterday’s close.
The pair is expected to find support at 102.80 and a fall through could take it to the next support level of 101.20 The pair is expected to find its first resistance at 104.50 and a rise through could take it to the next resistance level of 106.75. Today’s expected trading range is between 100.00 support and 108.65 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 102.80
Support 2: 101.20
Support 3: 100.00
Important resistance levels:
Resistance 1: 104.50
Resistance 2: 106.75
Resistance 3: 108.65