Crude Oil Technical Analysis July 26, 2023
Crude Oil rose 0.65% against the USD on Tuesday and closed at 79.43. Today in the European session, while the Crude Oil technical Analysis July 26, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 78.82, which is 0.77% higher than Yesterday’s close.
The pair is expected to find support at 75.50 and a fall-through could take it to the next support level of 74.65 The pair is expected to find its first resistance at 79.90 and a rise-through could take it to the next resistance level of 80.80. Today’s expected trading range is between 76.50 support and 82.00 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 78.40
Support 2: 77.80
Support 3: 76.50
Important resistance levels:
Resistance 1: 79.90
Resistance 2: 80.80
Resistance 3: 82.00