GCMAsia - CrudeOIL
CrudeOIL
2018-05-07
| Resistance and Support | Level | Explanation |
| Resistance | 70.00 | Daily |
| Support | 66.45 | Daily |
CrudeOIL, Daily: Crude oil price was traded higher following a bullish close above the resistance level at 68.50. MACD histogram which forms a golden cross signal suggests further bullish bias. However, a break above the threshold of 70.00 is required to attain further confirmation.
Resistance level: 70.00, 74.15
Support level: 66.45, 63.65