GCMAsia - CrudeOIL
CrudeOIL
2018-09-10
| Resistance and Support | Level | Explanation |
| Resistance | 70.15 | Daily |
| Support | 66.20 | Daily |
CrudeOIL, Daily: Crude oil price was traded lower following prior retracement from the resistance level 70.15. Recent price movement and MACD which display bearish momentum and formation of a death cross suggest the commodity to extend its retracement towards the support level 66.20.
Resistance level: 70.15, 71.70
Support level: 66.20, 64.30