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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-09-08
Resistance and Support Level Explanation
Resistance 49.35 H4
Support 48.55 H4

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level of 48.55. Both MA lines which continues to expand upwards suggests its prices to move further up and retest at the resistance level of 49.35.

 

Resistance level: 49.35, 49.95

Support level: 48.55, 48.00