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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-04
Resistance and Support Level Explanation
Resistance 47.00 H4
Support 45.20 H4

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 47.00. MACD which display bullish momentum suggest the commodity to extend its gains after successfully breaking above the resistance level.

 

Resistance level: 47.00, 48.50

Support level: 45.20, 43.55