Technical Analysis For Crude Oil Today 23-07-2019 19:00:03

In 1 hour chart Crude Oil price continues to trade at 3891 and below the (Exponential Moving Average)EMA200 value of 3962.91 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell 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 3962.91 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 19:00:03

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 19:00:03 Crude Oil trading at 3891 with high of 3909 and low of 3853

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