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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-06-07
Resistance and Support Level Explanation
Resistance 65.70 H1
Support 64.10 H1

CrudeOIL, H1: Crude oil price remains traded within a tight range following prior retracement from the top level. Stochastic Oscillator which begin to form a retracement signal from the overbought region suggests the commodity price to be traded lower in short-term, towards the lower level of the range.

 

Resistance level: 65.70, 67.35

Support level: 64.10, 63.00