GCMAsia - CrudeOIL

CrudeOIL
2019-01-21
| Resistance and Support | Level | Explanation |
| Resistance | 55.00 | H4 |
| Support | 53.90 | H4 |

CrudeOIL, H4: Crude oil was traded higher following prior breakout above previous resistance level of 53.90. MACD which display persistent bullish momentum suggest the commodity to extend its gains towards the resistance level 55.00.
Resistance level: 55.00, 56.15
Support level: 53.90, 52.70