GCMAsia - CrudeOIL
CrudeOIL
2018-12-26
| Resistance and Support | Level | Explanation |
| Resistance | 43.55 | H4 |
| Support | 42.00 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below previous support level at 43.55. MACD which illustrate bearish momentum and the formation of death cross suggest the commodity to extend its losses towards the support level 42.00.
Resistance level: 43.55, 45.50
Support level: 42.00, 40.00