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130917 CrudeOIL

by | Sep 13, 2017 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-09-13
Resistance and Support Level Explanation
Resistance 48.40 H1
Support 48.00 H1

Crude OIL, H1: Crude oil price was traded lower after retracing from resistance level at 48.40. Cross-over of MACD signal line suggests crude oil price to reduce further, testing the support level at 48.00.

Resistance level: 48.40, 49.35

Support level: 48.00, 47.25