GCMAsia - CrudeOIL
CrudeOIL
2017-07-11
| Resistance and Support | Level | Explanation |
| Resistance | 44.65 | H1 |
| Support | 44.15 | H1 |
CrudeOIL, H1: Crude oil price remains traded within a range of 43.75 and 44.65 while currently testing at the top level. A successful closure above this level would signal a change in trend direction to move further upwards. Otherwise, a retrace would suggest crude oil price to extend its oscillation within the trading range.
Resistance level: 44.65, 45.00
Support level: 44.15, 43.75