Crude Oil Technical Analysis March 22, 2023
Crude Oil rose 2.48% against the USD on Tuesday and closed at 69.35. Today in the European session, while the Crude Oil technical Analysis March 22, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 69.70, which is 0.47% higher than Yesterday’s close.
The pair is expected to find support at 68.80 and a fall-through could take it to the next support level of 67.65 The pair is expected to find its first resistance at 70.00 and a rise-through could take it to the next resistance level of 70.40. Today’s expected trading range is between 64.30 support and 72.30 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 68.80
Support 2: 67.65
Support 3: 64.30
Important resistance levels:
Resistance 1: 70.00
Resistance 2: 70.40
Resistance 3: 72.30