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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-05-23
Resistance and Support Level Explanation
Resistance 72.20 H4
Support 71.70 H4

CrudeOIL, H4: Crude oil price was traded lower after breaking support level at 72.20. Death-cross as displayed by MACD signal line would suggest the commodity price to extend its losses towards the support level at 71.70.

Resistance level: 72.20, 72.80

Support level: 71.70, 71.20