GCMAsia - CrudeOIL
CrudeOIL
2018-10-11
| Resistance and Support | Level | Explanation |
| Resistance | 73.70 | H4 |
| Support | 72.00 | H4 |
CrudeOIL, H4: Crude oil price remains traded within a descending channel while currently testing at the bottom level. MACD which illustrate the formation of death cross suggests the pair to extend its losses after breaking the bottom level of the channel.
Resistance level: 73.70, 75.00
Support level: 72.00, 70.65