GCMAsia - CrudeOIL
CrudeOIL
2017-07-06
| Resistance and Support | Level | Explanation |
| Resistance | 46.05 | H4 |
| Support | 45.30 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the 60-moving average line (green). However, MACD histogram provides substantial downside signal which suggests crude oil price to extend its losses after closing below 45.30.
Resistance level: 46.05, 47.30
Support level: 45.30, 44.65