GCMAsia - CrudeOIL
CrudeOIL
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 62.50 | H1 |
| Support | 61.05 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support level near 61.05. MACD which illustrate diminishing downward momentum suggests the commodity price to extend its gains in short-term as technical correction.
Resistance level: 62.50, 63.80
Support level: 61.05, 60.00