Crude Oil Technical Analysis June 28, 2022
Crude Oil rose 2.55% against the USD on Monday and closed at 108.71. 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 110.20, which is 1.37% higher than Yesterday’s close.
The pair is expected to find support at 109.25 and a fall through could take it to the next support level of 108.15 The pair is expected to find its first resistance at 110.45 and a rise through could take it to the next resistance level of 110.75. Today’s expected trading range is between 107.50 support and 112.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 109.25
Support 2: 108.15
Support 3: 107.50
Important resistance levels:
Resistance 1: 110.45
Resistance 2: 110.75
Resistance 3: 112.50