GCMAsia - CrudeOIL
CrudeOIL
2018-05-15
| Resistance and Support | Level | Explanation |
| Resistance | 71.60 | H1 |
| Support | 70.65 | H1 |
CrudeOIL, H1: Crude oil price was traded higher prior rebound from support level at 70.65. However, MACD signal line that is about to form a death-cross would suggest the pair to undergo short-term technical correction to trade lower to retest its previous high.
Resistance level: 71.60, 73.60
Support level: 70.65, 69.75