GCMAsia - CrudeOIL
CrudeOIL
2017-11-07
| Resistance and Support | Level | Explanation |
| Resistance | 58.10 | Daily |
| Support | 54.75 | Daily |
CrudeOIL, Daily: Crude oil price was traded higher after breaking resistance level at 54.75. Arrangement of bullish candlesticks and upward slope of MACD signal line suggest the commodity price to extend higher toward the next resistance level at 58.10.
Resistance level: 58.10, 62.55
Support level: 54.75, 48.60