Crude Oil Technical Analysis November 14, 2022
Crude Oil rose 2.99% against the USD on Friday and closed at 89.00. Today in the European session, while the Crude Oil technical Analysis November 14, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 87.90, which is 1.27% lower than Yesterday’s close.
The pair is expected to find support at 87.40 and a fall through could take it to the next support level of 86.90 The pair is expected to find its first resistance at 90.00 and a rise through could take it to the next resistance level of 90.70. Today’s expected trading range is between 84.90 support and 91.90 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 87.40
Support 2: 86.90
Support 3: 84.90
Important resistance levels:
Resistance 1: 90.00
Resistance 2: 90.70
Resistance 3: 91.90