Crude Oil Technical Analysis August 2, 2021
Crude Oil rose 0.31% against the USD on Friday and closed at 73.30. Today in the Asian session, while Crude Oil technical Analysis August 2, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 72.68, which is 0.85% lower from Yesterday’s close.
The pair is expected to find support at 72.25 and a fall through could take it to the next support level of 72.00 The pair is expected to find its first resistance at 73.30 and a rise through could take it to the next resistance level of 73.80. Today’s expected trading range is between 70.90 support and 74.90 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 72.25
Support 2: 72.00
Support 3: 70.90
Important resistance levels:
Resistance 1: 73.30
Resistance 2: 73.80
Resistance 3: 74.90