GCMAsia - CrudeOIL
CrudeOIL
2018-03-09
| Resistance and Support | Level | Explanation |
| Resistance | 60.80 | H1 |
| Support | 60.20 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following rebound from support level at 60.20. Formation of pin bar candlestick and positive divergence by MACD histogram would suggest the commodity price to extend its gains towards the resistance level at 60.80.
Resistance level: 60.80, 61.80
Support level: 60.20, 58.60