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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-25
Resistance and Support Level Explanation
Resistance 54.40 H4
Support 52.80 H4

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the lower level of ascending channel. MACD which illustrate the formation of golden cross suggests its prices to advance further up, towards the direction of 54.40.

 

Resistance level: 54.40, 56.30

Support level: 52.80, 51.85