GCMAsia - CrudeOIL
CrudeOIL
2018-12-05
| Resistance and Support | Level | Explanation |
| Resistance | 53.20 | H4 |
| Support | 50.10 | H4 |
CrudeOIL, H4: Crude oil was traded lower following prior breakout from the previous support level at 53.20. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 50.10.
Resistance level: 53.20, 55.15
Support level: 50.10, 48.20