Crude Oil Technical Analysis February 27, 2023
Crude Oil rose 1.13% against the USD on Monday and closed at 76.27. Today in the European session, while the Crude Oil technical Analysis February 27, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 75.75, which is 0.67% lower than Yesterday’s close.
The pair is expected to find support at 74.90 and a fall-through could take it to the next support level of 74.60 The pair is expected to find its first resistance at 76.60 and a rise-through could take it to the next resistance level of 77.00. Today’s expected trading range is between 74.00 support and 77.40 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 74.90
Support 2: 74.60
Support 3: 74.00
Important resistance levels:
Resistance 1: 76.60
Resistance 2: 77.00
Resistance 3: 77.40