GCMAsia - CrudeOIL
CrudeOIL
2018-04-09
| Resistance and Support | Level | Explanation |
| Resistance | 63.75 | Daily |
| Support | 60.80 | Daily |
CrudeOIL, Daily: Crude oil price was traded lower following prior retracement from the strong resistance level at 66.65 while concurrently formed an ascending triangle formation. MACD histogram which illustrate substantial downward signal may suggests the commodity price to extend its losses in short-term, towards the lower level of the triangle.
Resistance level: 63.75, 66.65
Support level: 60.80, 59.00