GCMAsia - CrudeOIL
CrudeOIL
2018-11-13
| Resistance and Support | Level | Explanation |
| Resistance | 59.45 | H1 |
| Support | 58.65 | H1 |
CrudeOIL, H1: Crude oil remains traded within a descending channel following prior rebound from the lower levels. MACD which illustrate diminishing downward momentum suggests the commodity price to be traded higher in short-term as technical correction.
Resistance level: 59.45, 62.00
Support level: 58.65, 57.00