Crude Oil Technical Analysis September 7, 2021
Crude Oil declined 0.61% against the USD on Monday and closed at 68.60. Today in the European session, while Crude Oil technical Analysis September 7, 2021 is preparing at 9:45 GMT, the Crude Oil trading at 67.80, which is 1.20% lower from Yesterday’s close.
The pair is expected to find support at 67.50 and a fall through could take it to the next support level of 67.00 The pair is expected to find its first resistance at 69.20 and a rise through could take it to the next resistance level of 69.40. Today’s expected trading range is between 66.50 support and 70.35 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 67.50
Support 2: 67.00
Support 3: 66.50
Important resistance levels:
Resistance 1: 69.20
Resistance 2: 69.40
Resistance 3: 70.35