Crude Oil Movement
Crude Oil prices advanced 0.07% against the USD for the 24 hour period ending 23:00GMT, closing at 44.77, rebounding from its previous session losses.
In the Asian session, at GMT0300, the pair is trading at 44.98, with the oil trading 0.47% higher from yesterday’s close.
The pair is expected to find support at 44.06, and a fall through could take it to the next support level of 43.15. The pair is expected to find its first resistance at 45.53, and a rise through could take it to the next resistance level of 46.09.
Crude oil is trading between its 20 Hr and 50 Hr moving averages.
