GCMAsia - CrudeOIL
CrudeOIL
2018-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 77.05 | H4 |
| Support | 74.85 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the psychological level 75.75. MACD which illustrate bearish momentum and the starting formation of a death cross suggest the commodity to extend its losses after a breakout below the support level 74.85.
Resistance level: 77.05, 78.25
Support level 74.85, 72.80