GCMAsia - CrudeOIL
CrudeOIL
2019-01-15
| Resistance and Support | Level | Explanation |
| Resistance | 51.60 | H4 |
| Support | 50.50 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 50.50. MACD which display diminishing bearish momentum suggest the commodity to extend its rebound towards the resistance level of 51.60.
Resistance level: 51.60, 52.70
Support level: 50.50, 49.65