GCMAsia - CrudeOIL
CrudeOIL
2018-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 74.30 | H1 |
| Support | 73.85 | H1 |
CrudeOIL, H1: Crude oil price remains traded within a descending channel following prior retracement from the top level. MACD which has formed a bullish signal suggest the commodity price to extend its gains after breaking the top level of the channel.
Resistance level: 74.30, 74.90
Support level: 73.85, 73.55