GCMAsia - CrudeOIL

CrudeOIL
2018-11-26
| Resistance and Support | Level | Explanation |
| Resistance | 51.35 | H4 |
| Support | 49.60 | H4 |

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 51.35. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains after a breakout above the resistance level.
Resistance level: 51.35, 52.45
Support level: 49.60, 48.00