Crude Oil Technical Analysis July 15, 2022
Crude Oil declined 0.31% against the USD on Thursday and closed at 93.73. Today in the European session, while the Crude Oil technical Analysis July 15, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 93.10, which is 0.65% lower than Yesterday’s close.
The pair is expected to find support at 89.80 and a fall through could take it to the next support level of 88.30 The pair is expected to find its first resistance at 94.00 and a rise through could take it to the next resistance level of 95.50. Today’s expected trading range is between 87.00 support and 96.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 89.80
Support 2: 88.30
Support 3: 87.00
Important resistance levels:
Resistance 1: 94.00
Resistance 2: 95.50
Resistance 3: 96.00