Crude Oil Technical Analysis October 2, 2023
Crude Oil declined 1.03% against the USD on Friday and closed at 91.61. Today in the European session, while the Crude Oil technical Analysis October 2, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 92.30, which is 0.75% higher than Yesterday’s close.
The pair is expected to find support at 91.30 and a fall-through could take it to the next support level of 90.50 The pair is expected to find its first resistance at 92.50 and a rise-through could take it to the next resistance level of 93.85. Today’s expected trading range is between 90.00 support and 94.90 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 91.30
Support 2: 90.50
Support 3: 89.10
Important resistance levels:
Resistance 1: 92.50
Resistance 2: 93.85
Resistance 3: 94.90