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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-12-12
Resistance and Support Level Explanation
Resistance 53.90 H4
Support 52.00 H4

CrudeOIL, H4: Crude oil price remains traded within a sideways channel following prior rebound from the lower level. MACD which illustrate bullish signal suggests the commodity price to extend its gains in short-term, towards 53.90.

 

Resistance level: 53.90, 55.35

Support level: 52.00, 50.25