Crude Oil Technical Analysis April 3, 2023
Crude Oil rose 1.72% against the USD on Friday and closed at 75.58. Today in the European session, while the Crude Oil technical Analysis April 3, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 80.30, which is 6.25% higher than Yesterday’s close.
The pair is expected to find support at 78.90 and a fall-through could take it to the next support level of 77.90 The pair is expected to find its first resistance at 80.80 and a rise-through could take it to the next resistance level of 81.50. Today’s expected trading range is between 77.30 support and 82.20 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 78.90
Support 2: 77.90
Support 3: 77.30
Important resistance levels:
Resistance 1: 80.80
Resistance 2: 81.50
Resistance 3: 82.20