GCMAsia - CrudeOIL
CrudeOIL
2018-08-16
| Resistance and Support | Level | Explanation |
| Resistance | 65.70 | H1 |
| Support | 64.60 | H1 |
CrudeOIL, H1: The price of crude oil was traded higher following prior rebound form the support level 64.60. MACD which illustrate diminished bearish signal and golden cross formation suggest the pair to experience a technical correction towards resistance level 65.70.
Resistance level: 65.70, 66.30
Support level: 64.60, 63.55