GCMAsia - CrudeOIL
|Resistance and Support||Level||Explanation|
CrudeOIL, H4: Crude oil price remains traded within a downward channel following prior retracement from the top level. Stochastic Oscillator begins to form a downward signal suggests crude oil price to advance further down, towards the target of support level at 45.30.
Resistance level: 46.70, 48.40
Support level: 45.30, 44.00