GCMAsia - CrudeOIL

CrudeOIL
2018-12-18
| Resistance and Support | Level | Explanation |
| Resistance | 49.55 | H4 |
| Support | 48.05 | H4 |

CrudeOIL, H4: Crude oil price was traded lower following prior breakout from previous support level 49.55. MACD which display bearish signal suggest the commodity to extend its losses towards the support level 48.05.
Resistance level: 49.55, 50.50
Support level: 48.05, 47.00