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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-10-10
Resistance and Support Level Explanation
Resistance 75.00 H4
Support 73.55 H4

CrudeOIL, H4: Crude oil price was recently traded higher while currently testing near the resistance level 75.00. MACD which illustrate diminishing bullish momentum suggest the commodity to undergo a retracement towards the support level 73.55.

 

Resistance level: 75.00, 76.70

Support level: 73.55, 71.90