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030518 CrudeOIL

by | May 3, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-05-03
Resistance and Support Level Explanation
Resistance 68.00 H1
Support 67.50 H1

CrudeOIL, H1: Crude oil price was traded higher prior rebound from support level at 67.50. MACD that portrays increasing bullish momentum would suggest the commodity price to extend its gains towards the resistance level at 68.00.

Resistance level: 68.00, 68.40

Support level: 67.50, 67.00