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Crude Oil Technical Analysis January 10, 2023

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Crude Oil Technical Analysis January 10, 2023

Crude Oil rose 1.43% against the USD on Monday and closed at 74.84. Today in the European session, while the Crude Oil technical Analysis January 10, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 74.95, which is 0.15% higher than Yesterday’s close.

The pair is expected to find support at 73.30 and a fall-through could take it to the next support level of 72.50 The pair is expected to find its first resistance at 75.20 and a rise through could take it to the next resistance level of 76.50. Today’s expected trading range is between 70.30 support and 77.30 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 73.30
Support 2: 72.50
Support 3: 70.30

Important resistance levels:

Resistance 1: 75.20
Resistance 2: 76.50
Resistance 3: 77.30

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