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190517 CrudeOIL

by | May 19, 2017 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-05-19
Resistance and Support Level Explanation
Resistance 49.90 H4
Support 48.75 H4

CrudeOIL, H4: Crude oil price remains traded within an upward channel following prior rebound from the bottom level of the channel. It is suggested to move further upwards, towards the top level of the channel after breaking the resistance level of 49.90.

 

Resistance level: 49.90, 51.60

Support level: 48.75, 47.55