GCMAsia - CrudeOIL
CrudeOIL
2018-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 69.25 | H1 |
| Support | 68.75 | H1 |
CrudeOIL, H1: The price of crude oil remain traded in a sideway channel while currently testing the resistance level 69.25. MACD which display diminished bearish momentum suggest the pair may be traded higher after it breaks above the resistance level 69.25.
Resistance level: 69.25, 69.80
Support level: 68.75, 67.90