GCMAsia - CrudeOIL
CrudeOIL
2018-04-16
| Resistance and Support | Level | Explanation |
| Resistance | 69.10 | Daily |
| Support | 66.30 | Daily |
CrudeOIL, Daily: Crude oil price remains traded within an ascending wedge while recently retraced from the top level. Diminishing upward momentum from MACD histogram may suggests the commodity price to be traded lower in short-term following a closure below the support level at 66.30.
Resistance level: 69.10, 71.50
Support level: 66.30, 63.75