Crude Oil Technical Analysis August 11, 2021
Crude Oil rose 2.45% against the USD on Tuesday and closed at 68.28. Today in the Asian session, while Crude Oil technical Analysis August 11, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 66.70, which is 2.33% lower from Yesterday’s close.
The pair is expected to find support at 66.40 and a fall through could take it to the next support level of 66.00 The pair is expected to find its first resistance at 67.80 and a rise through could take it to the next resistance level of 69.00. Today’s expected trading range is between 65.10 support and 69.92 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 66.40
Support 2: 66.00
Support 3: 65.10
Important resistance levels:
Resistance 1: 68.60
Resistance 2: 69.00
Resistance 3: 69.92