GCMAsia - CrudeOIL
CrudeOIL
2018-03-07
| Resistance and Support | Level | Explanation |
| Resistance | 63.20 | H4 |
| Support | 61.80 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following failure to break resistance by 200-MA line. MACD histogram that displays diminishing bullish momentum would suggest the commodity price to extend its losses if breakout at the support level 61.80 is successful.
Resistance level: 63.20, 64.60
Support level: 61.80, 60.90