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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-07-05
Resistance and Support Level Explanation
Resistance 74.90 H1
Support 73.60 H1

CrudeOIL, H1: Crude oil price was traded lower following prior retracement while currently testing at the bottom level. Although MACD histogram illustrate bearish signal, a break below the ascending channel as required to attain further confirmation.

 

Resistance level: 74.90, 76.10

Support level: 73.60, 72.80