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Crude Oil Technical Analysis November 22, 2022

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Crude Oil Technical Analysis November 22, 2022

Crude Oil rose 0.05% against the USD on Monday and closed at 80.477. Today in the European session, while the Crude Oil technical Analysis November 22, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 81.40, which is 0.80% higher than Yesterday’s close.

The pair is expected to find support at 80.40 and a fall through could take it to the next support level of 79.00 The pair is expected to find its first resistance at 81.80 and a rise through could take it to the next resistance level of 82.90. Today’s expected trading range is between 75.00 support and 84.40 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 80.40
Support 2: 79.00
Support 3: 75.00

Important resistance levels:

Resistance 1: 81.80
Resistance 2: 82.90
Resistance 3: 84.40

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