Crude Oil Technical Analysis March 13, 2023
Crude Oil rose 1.32% against the USD on Friday and closed at 76.59. Today in the European session, while the Crude Oil technical Analysis March 13, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 74.55, which is 2.61% lower than Yesterday’s close.
The pair is expected to find support at 72.35 and a fall-through could take it to the next support level of 71.00 The pair is expected to find its first resistance at 74.80 and a rise-through could take it to the next resistance level of 75.70. Today’s expected trading range is between 70.30 support and 77.35 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 72.35
Support 2: 71.00
Support 3: 70.30
Important resistance levels:
Resistance 1: 74.80
Resistance 2: 75.70
Resistance 3: 77.35