Crude Oil Movement
On Friday, Crude Oil prices declined 0.41% against the USD for the period ending 21:00GMT, closing at 92.64.
In the Asian session, at GMT0300, the pair is trading at 92.13, with the oil trading 0.55% lower from Friday’s close.
The pair is expected to find support at 91.58, and a fall through could take it to the next support level of 91.03. The pair is expected to find its first resistance at 92.95, and a rise through could take it to the next resistance level of 93.77.
Crude oil is trading below its 20 Hr and 50 Hr moving averages.
