GCMAsia - CrudeOIL
CrudeOIL
2018-03-20
| Resistance and Support | Level | Explanation |
| Resistance | 62.50 | H4 |
| Support | 62.00 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following its failure to break support level at 62.00. However, MACD signal line that shows a death-cross would suggest the commodity price to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 62.50, 62.90
Support level: 62.00, 61.40