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040518 CrudeOIL

by | May 4, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-05-04
Resistance and Support Level Explanation
Resistance 68.70 H1
Support 68.30 H1

CrudeOIL, H1: Crude oil price was traded lower prior retracement from descending trend line. MACD that shows downward signal would indicate the commodity price to extend its losses if breakout at support level 68.30 is successful.

Resistance level: 68.70, 69.20

Support level: 68.30, 68.00