Crude Oil Technical Analysis August 18, 2021
Crude Oil declined 1.28% against the USD on Tuesday and closed at 66.29. Today in the Asian session, while Crude Oil technical Analysis August 18, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 66.71, which is 0.66% higher from Yesterday’s close.
The pair is expected to find support at 66.10 and a fall through could take it to the next support level of 65.50 The pair is expected to find its first resistance at 67.00 and a rise through could take it to the next resistance level of 67.40. Today’s expected trading range is between 64.90 support and 67.85 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 66.10
Support 2: 65.50
Support 3: 64.90
Important resistance levels:
Resistance 1: 67.00
Resistance 2: 67.40
Resistance 3: 67.85