GCMAsia - CrudeOIL
CrudeOIL
2018-06-04
| Resistance and Support | Level | Explanation |
| Resistance | 67.30 | Daily |
| Support | 65.70 | Daily |
CrudeOIL, Daily: Crude oil price extended its losses following prior retracement from the 60-MA line (green). MACD histogram which illustrate downward signal suggests further bearish bias. However, a breakout from the upward trendline is required to attain further confirmation.
Resistance level: 67.30, 69.30
Support level: 65.70, 64.10