GCMAsia - CrudeOIL

CrudeOIL
2017-07-03
| Resistance and Support | Level | Explanation |
| Resistance | 47.00 | Daily |
| Support | 45.25 | Daily |

CrudeOIL, Daily: Crude oil price remained traded within a downward channel following prior rebound from the bottom level. Recent closure above the 20-moving average line (red) suggests crude oil price to extend its gains towards the resistance level at 47.00.
Resistance level: 47.00, 48.50
Support level: 45.25, 43.70