Crude Oil Technical Analysis October 3, 2022
Crude Oil declined 2.35% against the USD on Friday and closed at 79.90. Today in the European session, while the Crude Oil technical Analysis October 3, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 82.93, which is 3.73% higher than Yesterday’s close.
The pair is expected to find support at 81.55 and a fall through could take it to the next support level of 80.60 The pair is expected to find its first resistance at 83.40 and a rise through could take it to the next resistance level of 80.00. Today’s expected trading range is between 79.40 support and 86.80 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 81.55
Support 2: 80.60
Support 3: 79.40
Important resistance levels:
Resistance 1: 83.40
Resistance 2: 84.00
Resistance 3: 86.80