Crude Oil Technical Analysis December 21, 2022
Crude Oil rose 0.36% against the USD on Tuesday and closed at 75.93. Today in the European session, while the Crude Oil technical Analysis December 21, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 77.80, which is 2.48% higher than Yesterday’s close.
The pair is expected to find support at 76.80 and a fall through could take it to the next support level of 75.80 The pair is expected to find its first resistance at 78.00 and a rise through could take it to the next resistance level of 78.20. Today’s expected trading range is between 74.50 support and 78.80 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 76.80
Support 2: 75.80
Support 3: 74.50
Important resistance levels:
Resistance 1: 78.00
Resistance 2: 78.20
Resistance 3: 78.80