Crude Oil Technical Analysis June 23, 2023
Crude Oil declined 3.95% against the USD on Thursday and closed at 69.48. Today in the European session, while the Crude Oil technical Analysis June 23, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 68.55, which is 1.32% lower than Yesterday’s close.
The pair is expected to find support at 61.10 and a fall-through could take it to the next support level of 67.00 The pair is expected to find its first resistance at 69.80 and a rise-through could take it to the next resistance level of 70.30. Today’s expected trading range is between 65.50 support and 72.60 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 68.10
Support 2: 67.00
Support 3: 65.50
Important resistance levels:
Resistance 1: 69.80
Resistance 2: 70.30
Resistance 3: 72.60