Crude Oil Technical Analysis 30 May 2022
Crude Oil rose 0.81% against the USD on Friday and closed at 113.95. Today in the Asian session, while Crude Oil technical Analysis 30 May 2022, is preparing at 5:45 GMT, the Crude Oil is trading at 114.55, which is 0.50% higher than Yesterday’s close.
The pair is expected to find support at 113.40 and a fall through could take it to the next support level of 111.80 The pair is expected to find its first resistance at 115.20 and a rise through could take it to the next resistance level of 115.60. Today’s expected trading range is between 111.20 support and 117.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 113.40
Support 2: 111.80
Support 3: 111.20
Important resistance levels:
Resistance 1: 115.20
Resistance 2: 115.60
Resistance 3: 117.00