Crude Oil Technical Analysis October 10, 2022
Crude Oil rose 4.27% against the USD on Friday and closed at 93.38. Today in the European session, while the Crude Oil technical Analysis October 10, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 91.85, which is 1.65% lower than Yesterday’s close.
The pair is expected to find support at 91.75 and a fall through could take it to the next support level of 89.75 The pair is expected to find its first resistance at 93.30 and a rise through could take it to the next resistance level of 95.20. Today’s expected trading range is between 88.00 support and 97.50 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 91.75
Support 2: 89.75
Support 3: 88.00
Important resistance levels:
Resistance 1: 93.30
Resistance 2: 95.20
Resistance 3: 97.50