Crude Oil Technical Analysis July 19, 2021
The Crude Oil rose 0.04% against the USD on Friday and closed at 71.11. Today in the Asian session, while Crude Oil technical Analysis July 19, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 69.70, which is 1.97% lower from Yesterday’s close.
The pair is expected to find support at 69.20 and a fall through could take it to the next support level of 69.00 The pair is expected to find its first resistance at 72.30 and a rise through could take it to the next resistance level of 72.65. Today’s expected trading range is between 69.55 support and 73.15 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 69.20
Support 2: 69.00
Support 3: 68.50
Important resistance levels:
Resistance 1: 71.00
Resistance 2: 71.90
Resistance 3: 72.40