GCMAsia - Crude Oil
CrudeOIL
2017-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 49.10 | Daily |
| Support | 47.25 | Daily |
CrudeOIL, Daily: Crude oil price extended its gains following prior rebound from the support level of 45.35. With regards to the MACD histogram which illustrates upward signal and momentum, it is suggested to advance further up, towards the target of resistance level at 49.10.
Resistance level: 49.10, 51.45
Support level: 47.25, 45.35