Crude Oil Technical Analysis March 24, 2023
Crude Oil declined 0.70% against the USD on Thursday and closed at 69.30. Today in the European session, while the Crude Oil technical Analysis March 24, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 68.10, which is 1.77% lower than Yesterday’s close.
The pair is expected to find support at 66.70 and a fall-through could take it to the next support level of 65.70 The pair is expected to find its first resistance at 68.75 and a rise-through could take it to the next resistance level of 70.20. Today’s expected trading range is between 64.25 support and 74.20 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 66.70
Support 2: 65.70
Support 3: 64.25
Important resistance levels:
Resistance 1: 68.75
Resistance 2: 70.20
Resistance 3: 71.50