GCMAsia - CrudeOIL
CrudeOIL
2017-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 45.25 | Daily |
| Support | 43.70 | Daily |
CrudeOIL, Daily: Crude oil price remained traded within a downward channel while recently rebounded from the support level of 43.70. A closure above the 20-moving average line (red) would suggest crude oil price to extend its retracement towards the resistance level of 45.25.
Resistance level: 45.25, 47.00, 48.50
Support level: 43.70, 42.00