GCMAsia - CrudeOIL
CrudeOIL
2018-09-12
| Resistance and Support | Level | Explanation |
| Resistance | 70.30 | H1 |
| Support | 69.80 | H1 |
CrudeOIL, H1: Crude oil price was recently traded higher following prior breakout above the previous resistance level 69.80. Recent price movement and MACD which illustrate persistent bullish momentum suggest the commodity to extend its gains towards the resistance level 70.30.
Resistance level: 70.30, 71.05
Support level: 69.80, 69.10