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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-04-27
Resistance and Support Level Explanation
Resistance 68.10 H1
Support 67.70 H1

CrudeOIL, H1: Crude oil price was traded lower prior breaking support level at 68.10. MACD that shows increasing downward momentum would suggest the commodity price to extend its losses towards the support at 200-MA line.

Resistance level: 68.10, 68.40

Support level: 67.70, 67.20