GCMAsia - CrudeOIL
CrudeOIL
2018-07-04
| Resistance and Support | Level | Explanation |
| Resistance | 74.90 | H1 |
| Support | 72.80 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior rebound while recently re-entered into the ascending channel. MACD histogram which illustrate the formation of golden cross suggests further bullish signal. However, a close above 74.90 is required to attain further confirmation.
Resistance level: 74.90, 76.10
Support level: 72.80, 71.15