Technical Analysis For Crude Oil Today 23-07-2019 10:00:03

In 1 hour chart Crude Oil price continues to trade at 3894 and below the (Exponential Moving Average)EMA200 value of 3970.2 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Crude Oil continues to trade below level, that could be an extraordinarily Bearish sign for Crude Oil

Even so, the 200-candle Exponential moving average (EMA) price range of 3970.2 is proving a tough nut to crack.

Pivot (invalidation): 3900.33

Our preference: Long positions above 3941.67

Alternative scenario: Below 3858.67 look for further downside.

Support Resistance Levels For Crude Oil Today at 23-07-2019 10:00:03

Pivot: 3900.33

Resistance 1: 3941.67

Resistance 2: 3983.33

Resistance 3: 4024.67

Support 1: 3858.67

Support 2: 3817.33

Support 3: 3775.67

Yesterday High Low Close For Crude Oil

Yesterday High: 3942

Yesterday Low: 3859

Yesterday Close: 3900

Today at 23-07-2019 10:00:03 Crude Oil trading at 3894 with high of 3895 and low of 3886

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