Crude Oil Technical Analysis July 19, 2023
Crude Oil rose 2.04% against the USD on Tuesday and closed at 75.64. Today in the European session, while the Crude Oil technical Analysis July 19, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 76.35, which is 0.97% higher than Yesterday’s close.
The pair is expected to find support at 75.40 and a fall-through could take it to the next support level of 75.00 The pair is expected to find its first resistance at 76.40 and a rise-through could take it to the next resistance level of 77.00. Today’s expected trading range is between 73.90 support and 77.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 75.40
Support 2: 75.00
Support 3: 73.90
Important resistance levels:
Resistance 1: 76.40
Resistance 2: 77.00
Resistance 3: 77.50