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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-04-25
Resistance and Support Level Explanation
Resistance 68.40 H4
Support 67.70 H4

CrudeOIL, H4: Crude oil price was traded lower after breaking support level at 68.40. MACD that shows increasing bearish momentum would suggest the commodity price to extend its losses if breakout at the support level 67.70 is successful.

Resistance level: 68.40, 69.00

Support level: 67.70, 67.20