GCMAsia - CrudeOIL
CrudeOIL
2018-03-19
| Resistance and Support | Level | Explanation |
| Resistance | 63.75 | Daily |
| Support | 60.80 | Daily |
CrudeOIL, Daily: Crude oil price remains traded within a narrowing triangle while currently testing at the top level. A break above may suggest a change in trend direction to extend its upside bias thereafter. Otherwise, a retrace will suggests the commodity price to be remained under pressure and subject to the narrowing triangle formation.
Resistance level: 63.75, 66.65
Support level: 60.80, 59.00