GCMAsia - CrudeOIL

CrudeOIL
2018-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 75.60 | H1 |
| Support | 74.60 | H1 |

CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support level at 74.60. MACD which shows diminishing downward momentum suggests the commodity price to extend its gains, towards the direction of 75.60.
Resistance level: 75.60, 76.15
Support level: 74.60, 73.40