GCMAsia - CrudeOIL
CrudeOIL
2018-12-14
| Resistance and Support | Level | Explanation |
| Resistance | 53.90 | H1 |
| Support | 52.00 | H1 |
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from previous high. MACD which illustrate diminishing upward momentum suggests its prices to be traded lower in short-term and head towards the direction of 52.00.
Resistance level: 53.90, 55.35
Support level: 52.00, 50.25