GCMAsia - CrudeOIL
CrudeOIL
2018-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 61.05 | H4 |
| Support | 60.00 | H4 |
CrudeOIL, H4: Crude oil price extended its losses in tandem with the major bearish trend. MACD which illustrate the formation of death cross signal suggests the commodity price to advance further down, towards the target of 60.00.
Resistance level: 61.05, 62.50
Support level: 60.00, 58.70