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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-11-07
Resistance and Support Level Explanation
Resistance 62.50 H1
Support 61.05 H1

CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the lower levels. MACD which illustrate diminishing downward momentum suggests its prices to experience technical correction and to be traded higher in short-term.

 

Resistance level: 62.50, 63.80

Support level: 61.05, 60.00