Crude Oil Technical Analysis July 28, 2022
Crude Oil rose 2.35% against the USD on Wednesday and closed at 100.00. Today in the European session, while the Crude Oil technical Analysis July 28, 2022, is preparing at 5:15 GMT, the Crude Oil is trading at 100.85, which is 0.85% higher than Yesterday’s close.
The pair is expected to find support at 99.00 and a fall through could take it to the next support level of 96.30 The pair is expected to find its first resistance at 101.60 and a rise through could take it to the next resistance level of 103.20. Today’s expected trading range is between 95.20 support and 103.60 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 99.00
Support 2: 96.20
Support 3: 95.20
Important resistance levels:
Resistance 1: 101.60
Resistance 2: 103.20
Resistance 3: 103.60