Crude Oil Technical Analysis March 20, 2023
Crude Oil declined 2.86% against the USD on Friday and closed at 66.33. Today in the European session, while the Crude Oil technical Analysis March 20, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 66.00, which is 0.45% lower than Yesterday’s close.
The pair is expected to find support at 64.25 and a fall-through could take it to the next support level of 63.00 The pair is expected to find its first resistance at 67.40 and a rise-through could take it to the next resistance level of 68.90. Today’s expected trading range is between 62.00 support and 69.50 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 64.25
Support 2: 63.00
Support 3: 62.00
Important resistance levels:
Resistance 1: 67.40
Resistance 2: 68.90
Resistance 3: 69.50