GCMAsia - CrudeOIL
CrudeOIL
2018-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 63.80 | H1 |
| Support | 63.10 | H1 |
CrudeOIL, H1: Crude oil price was traded higher prior gaining its support at 63.10. However, MACD histogram that portrays diminishing bullish momentum would suggest the commodity price to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 63.80, 64.20
Support level: 63.10, 62.30