GCMAsia - CrudeOIL
CrudeOIL
2018-06-13
| 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 recently rebounded from the mid-level. Diminishing downward momentum from MACD histogram may suggests the commodity price to be traded higher in short-term, towards the upper level of the formation.
Resistance level: 66.50, 67.35
Support level: 65.70, 65.45