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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-06-08
Resistance and Support Level Explanation
Resistance 67.35 H4
Support 65.70 H4

CrudeOIL, H4: Crude oil price extended gains following prior closure above the resistance level at 65.70. MACD histogram which illustrate upside bias suggests the commodity price to advance further upwards after closing above the 60-MA line (green).

 

Resistance level: 67.35, 68.30

Support level: 65.70, 64.10