GCMAsia - CrudeOIL
CrudeOIL
2018-11-12
| Resistance and Support | Level | Explanation |
| Resistance | 61.05 | H1 |
| Support | 60.00 | H1 |
CrudeOIL, H1: Crude oil price remains traded within an descending channel following prior rebound from the lower level. MACD which illustrate bullish signal suggests the commodity price to extend its gains in short-term as technical correction.
Resistance level: 61.05, 62.50
Support level: 60.00, 58.70