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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-12-06
Resistance and Support Level Explanation
Resistance 53.90 H4
Support 52.00 H4

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the strong resistance at 53.90. MACD which illustrate bearish signal suggests its prices to be traded lower in short-term, towards 52.00.

Resistance level: 53.90, 55.35

Support level: 52.00, 50.25