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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-10-08
Resistance and Support Level Explanation
Resistance 74.45 H1
Support 73.40 H1

CrudeOIL, H1: Crude oil price extended its losses following prior breakout from the support level of 74.45. MACD which formed a death cross signal suggests the pair to advance further down, towards the target of 73.40.

 

Resistance level: 74.45, 75.60

Support level: 73.40, 72.50