Crude Oil Technical Analysis June 29, 2023
Crude Oil rose 1.69% against the USD on Wednesday and closed at 69.23. Today in the European session, while the Crude Oil technical Analysis June 29, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 70.00, which is 1.13% higher than Yesterday’s close.
The pair is expected to find support at 69.05 and a fall-through could take it to the next support level of 67.60 The pair is expected to find its first resistance at 70.10 and a rise-through could take it to the next resistance level of 71.00. Today’s expected trading range is between 67.20 support and 72.60 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 69.05
Support 2: 67.60
Support 3: 67.20
Important resistance levels:
Resistance 1: 70.10
Resistance 2: 71.00
Resistance 3: 72.60