Crude Oil Technical Analysis Sep 29, 2023
Crude Oil declined 2.03% against the USD on Thursday and closed at 92.65. Today in the European session, while the Crude Oil technical Analysis Sep 29, 2023, is prepared at 5:15 GMT, the Crude Oil is trading at 93.30, which is 0.71% lower than Yesterday’s close.
The pair is expected to find support at 92.40 and a fall-through could take it to the next support level of 91.80 The pair is expected to find its first resistance at 93.50 and a rise-through could take it to the next resistance level of 95.00. Today’s expected trading range is between 90.00 support and 95.80 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 92.40
Support 2: 91.80
Support 3: 90.00
Important resistance levels:
Resistance 1: 93.50
Resistance 2: 95.00
Resistance 3: 95.80