GCMAsia - CrudeOIL
CrudeOIL
2019-01-14
| Resistance and Support | Level | Explanation |
| Resistance | 52.75 | H4 |
| Support | 50.50 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the strong resistance at 52.75. MACD which has formed a death cross signal suggests the commodity price to be traded lower in short-term as technical correction.
Resistance level: 52.75, 54.10
Support level: 50.50, 48.30