GCMAsia - CrudeOIL
CrudeOIL
2017-06-13
| Resistance and Support | Level | Explanation |
| Resistance | 46.70 | H4 |
| Support | 45.30 | H4 |
CrudeOIL, H4: Crude oil price remained traded within a downward channel following prior rebound from the support level of 45.30. Recent closure above the 20-moving average line suggests crude oil price to move further up, towards the target of resistance level at 46.70 in short-term.
Resistance level: 46.70, 48.40
Support level: 45.30, 44.00