GCMAsia - CrudeOIL
CrudeOIL
2018-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 65.70 | Daily |
| Support | 64.10 | Daily |
CrudeOIL, Daily: Crude oil price extended its losses following prior breakout from the upward trendline. MACD histogram which continues to illustrate persistent downward signal suggests the pair to extend its bearish bias and move towards the direction of support level near 64.10.
Resistance level: 65.70, 67.30
Support level: 64.10, 61.80