GCMAsia - CrudeOIL
CrudeOIL
2017-06-16
| Resistance and Support | Level | Explanation |
| Resistance | 45.30 | H4 |
| Support | 44.00 | H4 |
CrudeOIL, H4: Crude oil price extended its downward momentum following prior retracement from the top level of downward channel. As the MACD indicator continues to hover inside downward momentum, crude oil price is expected to advance further down towards the support level of 44.00.
Resistance level: 45.30, 46.70
Support level: 44.00, 43.00