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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-04-17
Resistance and Support Level Explanation
Resistance 66.60 H1
Support 66.10 H1

CrudeOIL, H1: Crude oil price was traded higher prior rebound from support level at 66.10. Golden-cross as shown by MACD signal line would suggest the commodity price to extend its gains if breakout at the 50.0 Fibonacci level is successful.

Resistance level: 66.60, 67.40

Support level: 66.10, 65.80