GCMAsia - CrudeOIL
CrudeOIL
2018-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 72.00 | H1 |
| Support | 70.65 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support level near 70.65. MACD which illustrate bullish divergence suggests the pair to extend its gains after closing above the 20-MA line (red).
Resistance level: 72.00, 73.70
Support level: 70.65, 69.30