Crude Oil Technical Analysis September 29, 2022
Crude Oil rose 4.60% against the USD on Wednesday and closed at 82.12. Today in the European session, while the Crude Oil technical Analysis September 29, 2022, is prepared at 5:15 GMT, the Crude Oil is trading at 82.57, which is 0.57% higher than Yesterday’s close.
The pair is expected to find support at 80.60 and a fall through could take it to the next support level of 78.40 The pair is expected to find its first resistance at 82.80 and a rise through could take it to the next resistance level of 84.20. Today’s expected trading range is between 76.80 support and 86.20 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 80.60
Support 2: 78.40
Support 3: 76.80
Important resistance levels:
Resistance 1: 82.80
Resistance 2: 84.20
Resistance 3: 86.20