Crude Oil Technical Analysis June 26, 2023
Crude Oil declined 0.04% against the USD on Friday and closed at 69.48. Today in the European session, while the Crude Oil technical Analysis June 26, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 69.55, which is 0.10% higher than Yesterday’s close.
The pair is expected to find support at 68.80 and a fall-through could take it to the next support level of 67.50 The pair is expected to find its first resistance at 70.00 and a rise-through could take it to the next resistance level of 70.80. Today’s expected trading range is between 67.00 support and 72.60 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 68.80
Support 2: 67.50
Support 3: 67.00
Important resistance levels:
Resistance 1: 70.00
Resistance 2: 70.80
Resistance 3: 72.60