GCMAsia - CrudeOIL
CrudeOIL
2018-11-29
| Resistance and Support | Level | Explanation |
| Resistance | 52.85 | H4 |
| Support | 50.40 | H4 |
CrudeOIL, H4: Crude oil price remains traded in sideway while currently testing the support level 50.40. MACD which illustrate bearish momentum signal suggest the pair to extend its losses after it breaks below the support level 50.40.
Resistance level: 52.85, 55.00
Support level: 50.40, 49.05