GCMAsia
CrudeOIL
2017-11-06
| Resistance and Support | Level | Explanation |
| Resistance | 56.70 | Daily |
| Support | 55.20 | Daily |
CrudeOIL, Daily: Crude oil price advance further upwards following prior closure above the resistance level of 55.20. Signal line from MACD which illustrate substantial bullish bias suggest the commodity price to extend its upward momentum towards the next target at 56.70.
Resistance level: 56.70, 57.90
Support level: 55.20, 53.90