Crude Oil Technical Analysis August 17, 2021
Crude Oil declined 0.65% against the USD on Monday and closed at 67.15. Today in the Asian session, while Crude Oil technical Analysis August 17, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 66.80, which is 0.51% lower from Yesterday’s close.
The pair is expected to find support at 65.50 and a fall through could take it to the next support level of 65.00 The pair is expected to find its first resistance at 67.85 and a rise through could take it to the next resistance level of 68.90. Today’s expected trading range is between 65.00 support and 68.90 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 65.50
Support 2: 65.00
Support 3: 64.00
Important resistance levels:
Resistance 1: 67.30
Resistance 2: 68.50
Resistance 3: 69.90