GCMAsia - CrudeOIL
CrudeOIL
2017-10-20
| Resistance and Support | Level | Explanation |
| Resistance | 51.65 | H4 |
| Support | 51.25 | H4 |
CrudeOIL, H4: Crude oil price was traded lower after breaking below support level at 51.65. Increasing bearish momentum as shown by MACD histogram suggest crude oil price to extend its losses toward the next support level at 51.25.
Resistance level: 51.65, 52.50
Support level: 51.25, 50.80