Crude Oil Trend Today Technical Analysis for 13-01-2020 17:00:03

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In 1 hour chart Crude Oil price continues to trade at 4179 and below the (Exponential Moving Average)EMA200 value of 4352.87 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 4352.87 is proving a tough nut to crack.

Pivot (invalidation): 4207.67

Our preference: Long positions above 4242.33

Alternative scenario: Below 4171.33 look for further downside.

Support Resistance Levels For Crude Oil Today at 13-01-2020 17:00:03

Pivot: 4207.67

Resistance 1: 4242.33

Resistance 2: 4278.67

Resistance 3: 4313.33

Support 1: 4171.33

Support 2: 4136.67

Support 3: 4100.33

Yesterday High Low Close For Crude Oil

Yesterday High: 4244

Yesterday Low: 4173

Yesterday Close: 4206

Today at 13-01-2020 17:00:03 Crude Oil trading at 4179 with high of 4196 and low of 4171

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