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170818 CrudeOIL

by | Aug 17, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-08-17
Resistance and Support Level Explanation
Resistance 65.80 H1
Support 65.35 H1

CrudeOIL, H1: Crude oil price was traded higher following recent breakout above the resistance level 65.35. Recent price action and MACD which illustrate clear bullish momentum suggest the commodity could be extend its gains towards the resistance level 65.80

 

Resistance level: 65.80, 66.30

Support level: 65.35, 64.60