GCMAsia - CrudeOIL
CrudeOIL
2017-10-13
| Resistance and Support | Level | Explanation |
| Resistance | 50.80 | H4 |
| Support | 50.20 | H4 |
CrudeOIL, H4: Crude oil price was traded higher prior its failure to break below support level at 50.20. Formation of pin bar candlestick and golden-cross as formed by MACD signal line suggest the pair to trade higher if closure above resistance level at 50.80 is successful.
Resistance level: 50.80, 51.35
Support level: 50.20, 49.25