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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-17
Resistance and Support Level Explanation
Resistance 52.75 H1
Support 51.50 H1

CrudeOIL, H1: Crude oil price was traded lower following prior retracement from its previous high. MACD which illustrate diminished upward momentum suggests its prices to advance further down, towards the direction of 51.50.

Resistance level: 52.75, 54.10

Support level: 51.50, 50.50