Crude Oil Technical Analysis July 26, 2022
Crude Oil rose 1.67% against the USD on Monday and closed at 98.60. Today in the European session, while the Crude Oil technical Analysis July 26, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 100.22, which is 1.66% higher than Yesterday’s close.
The pair is expected to find support at 99.00 and a fall through could take it to the next support level of 97.40 The pair is expected to find its first resistance at 101.00 and a rise through could take it to the next resistance level of 103.00. Today’s expected trading range is between 95.20 support and 100.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 99.00
Support 2: 97.40
Support 3: 95.20
Important resistance levels:
Resistance 1: 101.00
Resistance 2: 103.00
Resistance 3: 105.50