Crude Oil Technical Analysis Sep 26, 2023
Crude Oil declined 0.50% against the USD on Monday and closed at 90.87. Today in the European session, while the Crude Oil technical Analysis Sep 26, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 89.70, which is 1.25% lower than Yesterday’s close.
The pair is expected to find support at 89.15 and a fall-through could take it to the next support level of 88.30 The pair is expected to find its first resistance at 90.00 and a rise-through could take it to the next resistance level of 90.90. Today’s expected trading range is between 88.00 support and 91.75 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 89.15
Support 2: 88.30
Support 3: 88.00
Important resistance levels:
Resistance 1: 90.00
Resistance 2: 90.90
Resistance 3: 91.75