GCMAsia - CrudeOIL
CrudeOIL
2017-07-17
| Resistance and Support | Level | Explanation |
| Resistance | 47.00 | Daily |
| Support | 45.25 | Daily |
CrudeOIL, Daily: Crude oil price were traded higher following prior rebound near the support level of 45.25. A closure above the strong resistance level of 47.00 would suggest crude oil price to extend its upward momentum towards the upper level of downward channel thereafter.
Resistance level: 47.00, 48.50
Support level: 45.25, 43.70