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280318 CrudeOIL

by | Mar 28, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-03-28
Resistance and Support Level Explanation
Resistance 65.25 H1
Support 64.60 H1

CrudeOIL, H1: Crude oil price was traded higher after rebound from support level at 64.60. MACD histogram that shows diminishing bearish momentum would suggest the commodity price to undergo short-term technical correction to trade higher towards the resistance level at 65.25.

Resistance level: 65.25, 66.25

Support level: 64.60, 64.10