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Crude Oil Technical Analysis September 20, 2022

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Crude Oil Technical Analysis September 20, 2022

Crude Oil rose 0.12% against the USD on Monday and closed at 85.40. Today in the European session, while the Crude Oil technical Analysis September 20, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 86.10, which is 0.84% higher than Yesterday’s close.

The pair is expected to find support at 85.40 and a fall through could take it to the next support level of 84.40 The pair is expected to find its first resistance at 86.50 and a rise through could take it to the next resistance level of 87.00. Today’s expected trading range is between 82.15 support and 89.00 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 85.40
Support 2: 84.40
Support 3: 82.15

Important resistance levels:

Resistance 1: 86.50
Resistance 2: 87.00
Resistance 3: 89.00

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