Crude Oil Technical Analysis July 19, 2022
Crude Oil rose 4.31% against the USD on Monday and closed at 98.80. Today in the European session, while the Crude Oil technical Analysis July 19, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 97.20, which is 1.60% lower than Yesterday’s close.
The pair is expected to find support at 96.50 and a fall through could take it to the next support level of 94.50 The pair is expected to find its first resistance at 99.90 and a rise through could take it to the next resistance level of 102.00. Today’s expected trading range is between 92.80 support and 103.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 96.50
Support 2: 94.50
Support 3: 92.80
Important resistance levels:
Resistance 1: 99.90
Resistance 2: 102.00
Resistance 3: 103.00