GCMAsia - CrudeOIL
CrudeOIL
2017-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 53.75 | Daily |
| Support | 50.00 | Daily |
Crude OIL, Daily: Crude oil price was traded higher after breaking resistance level at 51.25. Formation of long bullish candlestick and upward slope of MACD signal line suggests crude oil price to extend its gains toward the next resistance level at 53.75.
Resistance level: 53.75, 54.35
Support level: 50.00, 49.30