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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-10-17
Resistance and Support Level Explanation
Resistance 72.00 H4
Support 72.25 H4

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 72.00. MACD which illustrate persistent bullish momentum suggest the commodity to extend its gains after a breakout above the resistance level.

 

Resistance level: 72.00, 73.55

Support level: 72.25, 68.70