Crude Oil Technical Analysis July 28, 2021
Crude Oil declined 0.43% against the USD on Tuesday and closed at 71.67. Today in the Asian session, while Crude Oil technical Analysis July 28, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 71.62, which is 0.04% lower from Yesterday’s close.
The pair is expected to find support at 71.50 and a fall through could take it to the next support level of 70.95 The pair is expected to find its first resistance at 72.30 and a rise through could take it to the next resistance level of 72.70. Today’s expected trading range is between 70.35 support and 74.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 71.50
Support 2: 70.95
Support 3: 70.35
Important resistance levels:
Resistance 1: 72.30
Resistance 2: 72.70
Resistance 3: 74.00