GCMAsia - CrudeOIL
CrudeOIL
2018-07-11
| Resistance and Support | Level | Explanation |
| Resistance | 73.55 | H1 |
| Support | 73.20 | H1 |
CrudeOIL, H1: Crude oil price was traded lower following prior breakout from the bottom level of descending channel. MACD and Stochastic Oscillator which illustrate bearish signal suggests the pair to extend its losses after breaking the target at 73.20.
Resistance level: 73.55, 73.85
Support level: 73.20, 72.80