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240818 CrudeOIL

by | Aug 24, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-08-24
Resistance and Support Level Explanation
Resistance 68.75 H1
Support 68.05 H1

CrudeOIL, H1: Crude oil price was traded higher following recent breakout above the resistance level 68.05. Price action and formation of golden cross pattern in MA lines suggest the pair to extend its gains towards the resistance level 68.75.

 

Resistance level: 68.75, 69.25

Support level: 68.05, 67.20