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100517 CrudeOIL

by | May 10, 2017 | Crudeoil | 0 comments

GCMAsia - Crude Oil
CrudeOIL
CrudeOIL
2017-05-10
Resistance and Support Level Explanation
Resistance 46.35 H1
Support 45.70 H1

CrudeOIL, H1: Crude oil price remains traded within a small downward channel while currently testing near the top level of the channel. A retracement from this level would suggest crude oil price to be traded lower, towards the target of support level at 45.70.

 

Resistance level: 46.35, 47.00

Support level: 45.70, 44.85