Crude Oil Technical Analysis June 14, 2022
Crude Oil rose 0.67% against the USD on Monday and closed at 118.30. Today in the Asian session, while Crude Oil technical Analysis 31 May 2022, is preparing at 5:45 GMT, the Crude Oil is trading at 119.00, which is 0.57% higher than Yesterday’s close.
The pair is expected to find support at 117.85 and a fall through could take it to the next support level of 115.75 The pair is expected to find its first resistance at 119.80 and a rise through could take it to the next resistance level of 120.50. Today’s expected trading range is between 115.15 support and 121.30 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 117.85
Support 2: 115.75
Support 3: 115.15
Important resistance levels:
Resistance 1: 119.80
Resistance 2: 120.50
Resistance 3: 121.30