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090119 CrudeOIL

by | Jan 9, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-09
Resistance and Support Level Explanation
Resistance 51.05 H1
Support 49.75 H1

CrudeOIL, H1: Crude oil was traded higher following prior breakout above the previous resistance level at 49.75. MACD which illustrate bullish bias momentum suggest the pair to extend its gains toward the resistance level at 51.05.

Resistance level: 51.05, 52.90

Support level: 49.75, 48.35