Crude Oil Technical Analysis January 11, 2023
Crude Oil declined 0.25% against the USD on Tuesday and closed at 74.66. Today in the European session, while the Crude Oil technical Analysis January 11, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 75.37, which is 0.95% higher than Yesterday’s close.
The pair is expected to find support at 74.30 and a fall-through could take it to the next support level of 73.90 The pair is expected to find its first resistance at 75.75 and a rise through could take it to the next resistance level of 76.50. Today’s expected trading range is between 72.50 support and 77.30 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 74.30
Support 2: 73.90
Support 3: 72.50
Important resistance levels:
Resistance 1: 75.75
Resistance 2: 76.50
Resistance 3: 77.30