Crude Oil Technical Analysis 8 July 2021
The Crude Oil rose 1.20% against the USD on Thursday and closed at 75.65. Today in the Asian session, while Crude Oil technical Analysis 8 July 2021 is preparing at 5:15 GMT, the Crude Oil trading at 76.05, which is 0.52% higher from Yesterday’s close.
The pair is expected to find support at 75.20 and a fall through could take it to the next support level of 74.65 The pair is expected to find its first resistance at 75.10 and a rise through could take it to the next resistance level of 75.65. Today’s expected trading range is between 73.90 support and 78.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 75.20
Support 2: 74.65
Support 3: 73.90
Important resistance levels:
Resistance 1: 76.35
Resistance 2: 76.70
Resistance 3: 77.50