Crude Oil Technical Analysis October 4, 2021
Crude Oil rose 0.90% against the USD on Friday and closed at 75.55. Today in the European session, while Crude Oil technical Analysis October 4, 2021 is preparing at 9:45 GMT, the Crude Oil trading at 76.85, which is 1.75% higher from Yesterday’s close.
The pair is expected to find support at 75.15 and a fall through could take it to the next support level of 74.45 The pair is expected to find its first resistance at 77.00 and a rise through could take it to the next resistance level of 78.00. Today’s expected trading range is between 71.15 support and 78.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 75.15
Support 2: 74.45
Support 3: 74.00
Important resistance levels:
Resistance 1: 77.00
Resistance 2: 78.00
Resistance 3: 78.50