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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-09-06
Resistance and Support Level Explanation
Resistance 69.10 H1
Support 68.35 H1

CrudeOIL, H1: Crude oil price was recently traded lower following prior breakout below the support level 69.10. MACD which illustrate the starting of bullish momentum and formation of a golden cross suggest the pair to be traded higher towards the resistance level 69.10.

 

Resistance level: 69.10, 69.80

Support level: 68.35, 67.75