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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-11-15
Resistance and Support Level Explanation
Resistance 57.00 H1
Support 55.35 H1

CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the lower levels. MACD which illustrate increasing bullish momentum suggests the commodity price to extend its gains in short-term as technical correction.

 

Resistance level: 57.00, 59.45

Support level: 55.35, 53.90