Crude Oil Technical Analysis June 24, 2022
Crude Oil declined 0.68% against the USD on Thursday and closed at 103.43. 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 104.00, which is 0.55% higher than Yesterday’s close.
The pair is expected to find support at 101.90 and a fall through could take it to the next support level of 101.20 The pair is expected to find its first resistance at 106.20 and a rise through could take it to the next resistance level of 106.75. Today’s expected trading range is between 97.30 support and 110.75 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 101.90
Support 2: 101.20
Support 3: 97.30
Important resistance levels:
Resistance 1: 106.20
Resistance 2: 106.75
Resistance 3: 110.75