Crude Oil Technical Analysis July 29, 2021
Crude Oil rose 0.57% against the USD on Wednesday and closed at 72.07. Today in the Asian session, while Crude Oil technical Analysis July 29, 2021 is preparing at 4:45 GMT, the Crude Oil trading at 72.62, which is 0.77% higher from Yesterday’s close.
The pair is expected to find support at 72.00 and a fall through could take it to the next support level of 71.50 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 72.70. Today’s expected trading range is between 70.35 support and 74.00 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 72.00
Support 2: 71.50
Support 3: 70.35
Important resistance levels:
Resistance 1: 73.20
Resistance 2: 74.00
Resistance 3: 74.80