GCMAsia - CrudeOIL
CrudeOIL
2018-12-28
| Resistance and Support | Level | Explanation |
| Resistance | 47.00 | H1 |
| Support | 45.20 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior rebound near the support level 45.20. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its rebound towards the resistance level 47.00.
Resistance level: 47.00, 48.50
Support level: 45.20, 43.55