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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-08-14
Resistance and Support Level Explanation
Resistance 67.90 H1
Support 67.20 H1

CrudeOIL, H1: The price of crude oil was traded higher following prior breakout above the resistance level 67.20. Recent price action and MACD which display ongoing bullish momentum suggest the pair may extend its gains towards the next resistance level 67.90.

 

Resistance level: 67.90, 68.75

Support level: 67.20, 66.30