Crude Oil Technical Analysis March 1, 2023
Crude Oil rose 1.34% against the USD on Wednesday and closed at 76.67. Today in the European session, while the Crude Oil technical Analysis March 1, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 76.35, which is 0.43% lower than Yesterday’s close.
The pair is expected to find support at 76.00 and a fall-through could take it to the next support level of 75.50 The pair is expected to find its first resistance at 77.60 and a rise-through could take it to the next resistance level of 78.20. Today’s expected trading range is between 74.90 support and 79.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 76.00
Support 2: 75.50
Support 3: 74.90
Important resistance levels:
Resistance 1: 77.60
Resistance 2: 78.20
Resistance 3: 79.00