GCMAsia - CrudeOIL
CrudeOIL
2017-09-11
| Resistance and Support | Level | Explanation |
| Resistance | 48.50 | Daily |
| Support | 47.00 | Daily |
CrudeOIL, Daily: Crude oil price remains traded within a narrowing triangle while recently rebounded near the 60-MA line (green). A closure above the 20-MA line (red) would suggests crude oil price to advance further up, towards the next target at 48.50.
Resistance level: 48.50, 50.20
Support level: 47.00, 45.50