GCMAsia - CrudeOIL

CrudeOIL
2019-01-03
| Resistance and Support | Level | Explanation |
| Resistance | 46.65 | H4 |
| Support | 44.60 | H4 |

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 46.65. MACD which display diminished bullish momentum suggest the commodity to extend its retracement towards the support level 44.60.
Resistance level: 46.65, 48.35
Support level: 44.60, 43.70