Crude Oil Technical Analysis October 5, 2021
Crude Oil rose 2.13% against the USD on Monday and closed at 77.42. Today in the European session, while Crude Oil technical Analysis October 5, 2021 is preparing at 9:45 GMT, the Crude Oil trading at 78.20, which is 1.00% higher from Yesterday’s close.
The pair is expected to find support at 76.45 and a fall through could take it to the next support level of 75.85 The pair is expected to find its first resistance at 78.30 and a rise through could take it to the next resistance level of 78.70. Today’s expected trading range is between 75.00 support and 80.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 76.45
Support 2: 75.85
Support 3: 75.00
Important resistance levels:
Resistance 1: 78.30
Resistance 2: 78.70
Resistance 3: 80.00