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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-04-11
Resistance and Support Level Explanation
Resistance 65.85 H4
Support 65.30 H4

CrudeOIL, H4: Crude oil price was traded lower prior retracement from resistance level at 65.85. MACD histogram that portrays diminishing bullish momentum would suggest the commodity price to undergo short-term technical correction to trade lower towards its previous high.

Resistance level: 65.85, 66.30

Support level: 65.30, 64.70