Crude Oil Technical Analysis June 15, 2022
Crude Oil declined 1.96% against the USD on Tuesday and closed at 116.25. 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 115.65, which is 0.52% lower than Yesterday’s close.
The pair is expected to find support at 114.30 and a fall through could take it to the next support level of 113.30 The pair is expected to find its first resistance at 116.80 and a rise through could take it to the next resistance level of 117.50. Today’s expected trading range is between 110.00 support and 121.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 114.30
Support 2: 113.30
Support 3: 110.00
Important resistance levels:
Resistance 1: 116.80
Resistance 2: 117.50
Resistance 3: 121.00