GCMAsia - CrudeOIL

CrudeOIL
2019-01-09
| Resistance and Support | Level | Explanation |
| Resistance | 50.55 | H4 |
| Support | 48.35 | H4 |

CrudeOIL, H4: Crude oil price was traded higher while currently testing at the resistance level of 50.55. MACD which has formed a golden cross signal suggests the commodity price to advance further upwards after a successful close above 50.55.
Resistance level: 50.55, 52.90
Support level: 48.35, 44.60