GCMAsia - CrudeOIL
CrudeOIL
2018-04-03
| Resistance and Support | Level | Explanation |
| Resistance | 63.30 | H1 |
| Support | 62.40 | H1 |
CrudeOIL, H1: Crude oil price was traded lower after breaking support level at 63.30. However, MACD histogram that portrays diminishing bearish momentum would suggest the commodity price to undergo short-term technical correction to trade higher to retest its previous low.
Resistance level: 63.30, 63.80
Support level: 62.40, 61.40