Crude Oil Technical Analysis September 26, 2022
Crude Oil declined 5.02% against the USD on Monday and closed at 79.67. Today in the European session, while the Crude Oil technical Analysis September 26, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 78.82, which is 1.07% 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 77.50 and a rise through could take it to the next resistance level of 75.00. Today’s expected trading range is between 79.50 support and 74.20 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: 77.50
Resistance 2: 75.00
Resistance 3: 74.30