Crude Oil Technical Analysis June 28, 2023
Crude Oil declined 2.40% against the USD on Tuesday and closed at 67.86. Today in the European session, while the Crude Oil technical Analysis June 28, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 67.37, which is 0.71% lower than Yesterday’s close.
The pair is expected to find support at 67.00 and a fall-through could take it to the next support level of 65.00 The pair is expected to find its first resistance at 68.30 and a rise-through could take it to the next resistance level of 69.40. Today’s expected trading range is between 64.00 support and 70.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 67.00
Support 2: 65.00
Support 3: 64.00
Important resistance levels:
Resistance 1: 68.30
Resistance 2: 69.40
Resistance 3: 70.00