GCMAsia - CrudeOIL
CrudeOIL
2018-11-14
| Resistance and Support | Level | Explanation |
| Resistance | 58.75 | H4 |
| Support | 55.00 | H4 |
CrudeOIL, H4: Crude oil was traded lower while currently testing the support level 55.00. MACD which illustrate diminishing bearish momentum suggest the commodity to experience a short term technical correction towards the resistance level 58.75.
Resistance level: 58.75, 62.05
Support level: 55.00, 52.70