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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-08-27
Resistance and Support Level Explanation
Resistance 68.85 Daily
Support 64.20 Daily

CrudeOIL, Daily: Crude oil price was traded higher while currently testing the resistance level 68.85. Although recent price action and MACD which display bullish momentum with the golden cross formation, a breakout above the resistance level 68.85 is required to attain further confirmation.

 

Resistance level: 68.85, 72.55

Support level: 64.20, 59.75