GCMAsia - 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