Crude Oil Technical Analysis July 22, 2021
The Crude Oil rose 5.40% against the USD on Wednesday and closed at 70.13. Today in the Asian session, while Crude Oil technical Analysis July 22, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 70.62, which is 0.66% higher from Yesterday’s close.
The pair is expected to find support at 66.40 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 68.00 and a rise through could take it to the next resistance level of 69.00. Today’s expected trading range is between 67.50 support and 72.20 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 69.00
Support 2: 67.50
Support 3: 66.40
Important resistance levels:
Resistance 1: 71.50
Resistance 2: 72.20
Resistance 3: 74.85