GCMAsia - CrudeOIL
CrudeOIL
2017-06-01
| Resistance and Support | Level | Explanation |
| Resistance | 48.85 | H4 |
| Support | 47.85 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level of 47.85. As the downward signal from MACD histogram begins to diminish, crude oil price may extend its current upward momentum after breaking the resistance level of 48.85.
Resistance level: 48.85, 50.05
Support level: 47.85, 46.90