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021117 CrudeOIL

by | Nov 2, 2017 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-11-02
Resistance and Support Level Explanation
Resistance 54.35 H1
Support 53.95 H1

Crude OIL, H1: Crude oil price was traded higher prior rebound from support level at 53.95. Upward slope of MACD histogram suggest the commodity price to extend higher toward the resistance level at 54.85 if breakout above resistance level at 54.35 is successful.

Resistance level: 54.35, 54.85

Support level: 53.95, 53.70