GCMAsia - CrudeOIL
CrudeOIL
2018-12-14
| Resistance and Support | Level | Explanation |
| Resistance | 52.90 | H1 |
| Support | 50.40 | H1 |
CrudeOIL, H1: Crude oil was traded lower following prior retracement from the resistance level at 52.90. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 50.40.
Resistance level: 52.90, 53.90
Support level: 50.40, 49.20