Crude Oil Technical Analysis September 20, 2021
Crude Oil declined 0.72% against the USD on Friday and closed at 71.73. Today in the European session, while Crude Oil technical Analysis September 20, 2021 is preparing at 9:45 GMT, the Crude Oil trading at 70.35, which is 1.93% lower from Yesterday’s close.
The pair is expected to find support at 70.00 and a fall through could take it to the next support level of 69.75 The pair is expected to find its first resistance at 71.25 and a rise through could take it to the next resistance level of 71.80. Today’s expected trading range is between 69.30 support and 72.80 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 70.00
Support 2: 69.75
Support 3: 69.30
Important resistance levels:
Resistance 1: 71.25
Resistance 2: 71.80
Resistance 3: 72.80