GCMAsia - CrudeOIL
CrudeOIL
2018-03-12
| Resistance and Support | Level | Explanation |
| Resistance | 63.75 | Daily |
| Support | 60.80 | Daily |
CrudeOIL, Daily: Crude oil price remains traded within a narrowing triangle following prior rebound from the bottom level. Stochastic Oscillator which illustrate a rebound signal prior to the oversold region suggests the commodity price to extend its gains in short-term, towards the upper level of the triangle.
Resistance level: 63.75, 66.65
Support level: 60.80, 59.00