GCMAsia - CrudeOIL
CrudeOIL
2017-09-05
| Resistance and Support | Level | Explanation |
| Resistance | 47.40 | H4 |
| Support | 46.70 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior breakout from the downward trend line. Both MA lines which continues to narrow upward suggests crude oil price to extend its upward momentum after successfully closing above the resistance level of 47.40.
Resistance level: 47.40, 48.00
Support level: 46.70, 46.15