GCMAsia - CrudeOIL

CrudeOIL
2018-03-01
| Resistance and Support | Level | Explanation |
| Resistance | 61.80 | H4 |
| Support | 60.20 | H4 |
CrudeOIL, H4: Crude oil price was traded lower after breaking support level at 61.80. MACD histogram that portrays increasing bearish momentum would suggest the pair to extend its downside bias towards the next support level at 60.20.
Resistance level: 61.80, 63.20
Support level: 60.20, 58.60