GCMAsia - CrudeOIL
CrudeOIL
2018-11-23
| Resistance and Support | Level | Explanation |
| Resistance | 55.15 | H4 |
| Support | 53.20 | H4 |
CrudeOIL, H4: Crude oil was traded lower while currently testing near the support level at 53.20. MACD which illustrate bearish momentum and the formation of death cross suggest the commodity to extend its losses after successfully breakout from the support level at 53.20.
Resistance level: 55.15, 57.65
Support level: 53.20, 51.65