GCMAsia - CrudeOIL
CrudeOIL
2018-06-12
| Resistance and Support | Level | Explanation |
| Resistance | 66.50 | H1 |
| Support | 65.70 | H1 |
CrudeOIL, H1: Crude oil price remains traded within an ascending wedge while currently testing near the top level. MACD histogram which illustrate diminishing upward momentum suggests the commodity price to be traded lower in short-term as technical correction.
Resistance level: 66.50, 67.35
Support level: 65.70, 65.45