GCMAsia - CrudeOIL
CrudeOIL
2018-03-13
| Resistance and Support | Level | Explanation |
| Resistance | 61.30 | H4 |
| Support | 60.10 | H4 |
CrudeOIL, H4: Crude oil price was traded lower prior breaking support level at 61.30 and the commodity price is currently retesting the previous low. Death-cross as shown by MACD signal line would suggest crude oil price to extend its losses if candlesticks successfully closes below the 38.2 Fibonacci level.
Resistance level: 61.30, 62.20
Support level: 60.10, 58.20