Crude Oil Technical Analysis December 20, 2022
Crude Oil rose 1.90% against the USD on Monday and closed at 75.77. Today in the European session, while the Crude Oil technical Analysis December 20, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 75.82, which is 0.07% higher than Yesterday’s close.
The pair is expected to find support at 74.35 and a fall through could take it to the next support level of 73.40 The pair is expected to find its first resistance at 76.40 and a rise through could take it to the next resistance level of 76.90. Today’s expected trading range is between 70.40 support and 77.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 74.35
Support 2: 73.40
Support 3: 70.40
Important resistance levels:
Resistance 1: 76.40
Resistance 2: 76.90
Resistance 3: 77.70