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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-11-15
Resistance and Support Level Explanation
Resistance 57.45 H1
Support 55.90 H1

CrudeOIL, H1: Crude oil price was traded higher flat near the support level 55.90. MACD which display diminishing bearish momentum suggest the commodity to undergo technical correction and rebound from the support level.

 

Resistance level: 57.45, 59.20

Support level: 55.90, 54.20