Crude Oil Technical Analysis March 23, 2023
Crude Oil rose 0.63% against the USD on Wednesday and closed at 69.74. Today in the European session, while the Crude Oil technical Analysis March 23, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 70.80, which is 1.55% higher than Yesterday’s close.
The pair is expected to find support at 69.75 and a fall-through could take it to the next support level of 68.75 The pair is expected to find its first resistance at 71.00 and a rise-through could take it to the next resistance level of 72.40. Today’s expected trading range is between 66.80 support and 74.20 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 69.75
Support 2: 68.75
Support 3: 66.80
Important resistance levels:
Resistance 1: 71.00
Resistance 2: 72.40
Resistance 3: 74.20