GCMAsia - CrudeOIL
CrudeOIL
2017-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 48.45 | Daily |
| Support | 47.00 | Daily |
CrudeOIL, Daily: Crude oil price remained traded within a downward channel while recently rebounded from the support level of 47.00. The Stochastic Oscillator begins to illustrate rebound signal near the oversold region suggests crude oil price to be traded higher in short-term, towards the resistance level of 48.45.
Resistance level: 48.45, 50.00
Support level: 47.00, 45.50