GCMAsia - CrudeOIL
CrudeOIL
2017-07-07
| Resistance and Support | Level | Explanation |
| Resistance | 45.30 | H4 |
| Support | 44.65 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following previous retracement from the resistance level of 46.05. Referring to the MACD histogram which illustrate substantial downward signal, a closure below the strong support level of 44.65 would suggest crude oil price to extend its losses.
Resistance level: 45.30, 44.05
Support level: 44.65, 44.05