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Crude Oil Technical Analysis September 23, 2022

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Crude Oil Technical Analysis September 23, 2022

Crude Oil rose 1.36% against the USD on Thursday and closed at 83.40. Today in the European session, while the Crude Oil technical Analysis September 23, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 81.10, which is 3.15% lower than Yesterday’s close.

The pair is expected to find support at 80.70 and a fall through could take it to the next support level of 80.00 The pair is expected to find its first resistance at 88.10 and a rise through could take it to the next resistance level of 88.50. Today’s expected trading range is between 79.50 support and 99.00 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 80.70
Support 2: 80.00
Support 3: 79.50

Important resistance levels:

Resistance 1: 98.10
Resistance 2: 98.50
Resistance 3: 99.00

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