GCMAsia - CrudeOIL
CrudeOIL
2017-06-08
| Resistance and Support | Level | Explanation |
| Resistance | 46.90 | H4 |
| Support | 45.50 | H4 |
CrudeOIL, H4: Crude oil price slumped sharply following prior breakthrough from the strong support level of 46.90. MACD histogram which illustrates downward signal and momentum suggests crude oil price to extend its losses after breaking the support level of 45.50.
Resistance level: 46.90, 47.85
Support level: 45.50, 44.70