Crude Oil Technical Analysis July 13, 2022
Crude Oil declined 7.52% against the USD on Tuesday and closed at 93.30. Today in the European session, while Crude Oil technical Analysis 31 May 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 94.50, which is 1.30% higher than Yesterday’s close.
The pair is expected to find support at 91.70 and a fall through could take it to the next support level of 96.60 The pair is expected to find its first resistance at 95.60 and a rise through could take it to the next resistance level of 97.50. Today’s expected trading range is between 87.50 support and 98.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 91.70
Support 2: 96.60
Support 3: 87.50
Important resistance levels:
Resistance 1: 95.60
Resistance 2: 97.50
Resistance 3: 98.50