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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-12-07
Resistance and Support Level Explanation
Resistance 52.00 H4
Support 50.25 H4

CrudeOIL, H4: Crude oil price was traded lower following prior retracement near the resistance level of 52.00. MACD which illustrate persistent downward signal suggests its price to extend its losses, towards the direction of 50.25.

Resistance level: 52.00, 53.90

Support level: 50.25, 49.50