Crude Oil Technical Analysis Sep 28, 2023
Crude Oil rose 3.37% against the USD on Wednesday and closed at 94.60. Today in the European session, while the Crude Oil technical Analysis Sep 28, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 94.50, which is 0.12% lower than Yesterday’s close.
The pair is expected to find support at 93.75 and a fall-through could take it to the next support level of 92.20 The pair is expected to find its first resistance at 95.80 and a rise-through could take it to the next resistance level of 96.90. Today’s expected trading range is between 91.80 support and 97.30 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 93.75
Support 2: 92.20
Support 3: 91.80
Important resistance levels:
Resistance 1: 95.80
Resistance 2: 96.90
Resistance 3: 97.30