GCMAsia - CrudeOIL
CrudeOIL
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 62.60 | H1 |
| Support | 61.25 | H1 |
CrudeOIL, H1: Crude oil was traded higher following prior rebound from the support level at 61.25. MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the commodity to extend its gains toward the resistance level at 62.60.
Resistance level: 62.60, 63.75
Support level: 61.25, 60.80