GCMAsia - CrudeOIL

CrudeOIL
2018-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 61.25 | H1 |
| Support | 60.45 | H1 |

CrudeOIL, H1: Crude oil was traded higher following prior rebound from the support level at 60.45. MACD which illustrate diminishing of bearish momentum suggest the commodity to extend its gains toward the resistance level at 61.25.
Resistance level: 61.25, 62.60
Support level: 60.45, 59.85