GCMAsia - CrudeOIL
CrudeOIL
2018-12-04
| Resistance and Support | Level | Explanation |
| Resistance | 54.15 | H1 |
| Support | 53.15 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior breakout from the previous resistance level 53.15. MACD which illustrate diminishing bullish momentum suggest the commodity to undergo short-term technical correction and traded lower towards the support level 53.15.
Resistance level: 54.15, 55.15
Support level: 53.15, 52.25