GCMAsia - CrudeOIL
CrudeOIL
2018-03-14
| Resistance and Support | Level | Explanation |
| Resistance | 62.00 | H4 |
| Support | 60.50 | H4 |
CrudeOIL, H4: Crude oil price was traded higher within descending triangle following rebound from support level at 60.50. A lack of obvious indication from both candlestick pattern and MACD histogram would suggest to wait for confirmation breakout to grasp the next movement of the commodity price.
Resistance level: 62.00, 63.60
Support level: 60.50, 58.80