Crude Oil Technical Analysis 5 July 2021
The Crude Oil rose 0.21% against the USD on Friday and closed at 74.62. Today in the Asian session, while Crude Oil technical Analysis 5 July 2021 is preparing at 5:15 GMT, the Crude Oil trading at 74.95, which is 0.43% higher from Yesterday’s close.
The pair is expected to find support at 74.30 and a fall through could take it to the next support level of 73.90 The pair is expected to find its first resistance at 75.10 and a rise through could take it to the next resistance level of 75.65. Today’s expected trading range is between 72.50 support and 76.70 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 74.30
Support 2: 73.90
Support 3: 72.50
Important resistance levels:
Resistance 1: 75.10
Resistance 2: 75.65
Resistance 3: 76.70