Crude Oil Technical Analysis July 27, 2022
Crude Oil declined 0.85% against the USD on Tuesday and closed at 97.51. Today in the European session, while the Crude Oil technical Analysis July 27, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 97.02, which is 0.48% lower than Yesterday’s close.
The pair is expected to find support at 96.80 and a fall through could take it to the next support level of 95.20 The pair is expected to find its first resistance at 98.50 and a rise through could take it to the next resistance level of 101.00. Today’s expected trading range is between 90.80 support and 103.60 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 96.80
Support 2: 95.20
Support 3: 90.80
Important resistance levels:
Resistance 1: 98.50
Resistance 2: 101.00
Resistance 3: 103.60