GCMAsia - CrudeOIL
CrudeOIL
2017-08-04
| Resistance and Support | Level | Explanation |
| Resistance | 49.65 | H4 |
| Support | 48.80 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following prior retracement while currently testing at the key 23.6 Fibonacci level of 48.80. A breakthrough from this level would suggest an extension of retracement towards the next target at 47.85.
Resistance level: 49.65, 50.40
Support level: 48.80, 47.85