GCMAsia - CrudeOIL
CrudeOIL
2018-11-13
| Resistance and Support | Level | Explanation |
| Resistance | 59.55 | H4 |
| Support | 58.65 | H4 |
CrudeOIL, H4: Crude oil was traded lower following prior breakout from previous support level at 59.55. MACD which illustrate bearish momentum and the formation of death cross suggest the commodity to extend its losses toward the support level at 58.65.
Resistance level: 59.55, 61.25
Support level: 58.65, 57.05