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040119 CrudeOIL-Noon

by | Jan 4, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-04
Resistance and Support Level Explanation
Resistance 49.95 H4
Support 46.60 H4

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level 46.60. MACD which display bullish momentum suggest the commodity to extend its gains towards the resistance level 49.95.

 

Resistance level: 49.95, 53.00

Support level: 46.60, 44.65