Crude Oil Technical Analysis July 23, 2021
The Crude Oil rose 2.17% against the USD on Thursday and closed at 71.55. Today in the Asian session, while Crude Oil technical Analysis July 23, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 71.52, which is 0.07% lower from Yesterday’s close.
The pair is expected to find support at 70.25 and a fall through could take it to the next support level of 69.80 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: 70.25
Support 2: 69.80
Support 3: 68.40
Important resistance levels:
Resistance 1: 71.85
Resistance 2: 72.40
Resistance 3: 74.80