Crude Oil Technical Analysis September 12, 2022
Crude Oil rose 3.82% against the USD on Friday and closed at 86.18. Today in the European session, while the Crude Oil technical Analysis September 12, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 87.30, which is 1.30% higher than Yesterday’s close.
The pair is expected to find support at 85.30 and a fall through could take it to the next support level of 83.60 The pair is expected to find its first resistance at 87.70 and a rise through could take it to the next resistance level of 89.50. Today’s expected trading range is between 81.30 support and 90.40 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 85.30
Support 2: 83.60
Support 3: 81.30
Important resistance levels:
Resistance 1: 87.70
Resistance 2: 89.50
Resistance 3: 90.40