GCMAsia - CrudeOIL

CrudeOIL
2018-12-19
| Resistance and Support | Level | Explanation |
| Resistance | 48.45 | H4 |
| Support | 46.15 | H4 |

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level 46.15. MACD which illustrate diminishing bearish momentum suggest the commodity to undergo a technical correction and rebound from the support level 46.15.
Resistance level: 48.45, 50.25
Support level: 46.15, 44.00