Crude Oil Technical Analysis June 22, 2022
Crude Oil rose 0.79% against the USD on Tuesday and closed at 109.38. Today in the Asian session, while Crude Oil technical Analysis 31 May 2022, is preparing at 5:45 GMT, the Crude Oil is trading at 104.30, which is 4.65% lower than Yesterday’s close.
The pair is expected to find support at 102.80 and a fall through could take it to the next support level of 101.40 The pair is expected to find its first resistance at 106.30 and a rise through could take it to the next resistance level of 107.00. Today’s expected trading range is between 97.44 support and 108.65 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 102.80
Support 2: 101.40
Support 3: 97.44
Important resistance levels:
Resistance 1: 106.30
Resistance 2: 107.00
Resistance 3: 108.65