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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-08-03
Resistance and Support Level Explanation
Resistance 69.75 H4
Support 68.40 H4

CrudeOIL, H4: The price of crude oil was traded higher following recent rebound from the support level 67.45. MACD which illustrate starting of bullish momentum with golden cross formation suggest the pair may extend its gains towards the resistance level 69.75.

 

Resistance level: 69.75, 70.35

Support level: 68.40, 67.45