GCMAsia - CrudeOIL
CrudeOIL
2017-06-15
| Resistance and Support | Level | Explanation |
| Resistance | 45.30 | H4 |
| Support | 44.00 | H4 |
CrudeOIL, H4: Crude oil price remained traded within a downward channel following prior retracement from the 20-moving average line (red). As MACD continues to hover inside downward momentum, crude oil price is suggested to extend its losses towards the support level of 44.00.
Resistance level: 45.30, 46.70
Support level: 44.00, 43.00