GCMAsia - CrudeOIL
CrudeOIL
2018-12-17
| Resistance and Support | Level | Explanation |
| Resistance | 52.80 | H4 |
| Support | 50.35 | H4 |
CrudeOIL, H4: Crude oil was traded higher in the sideway channel following prior rebound near the support level at 50.35. Due to lack of clear signal from MACD, it is suggested to wait until further signal appear such as a breakout below or rebound from the support level.
Resistance level: 52.80, 54.05
Support level: 50.35, 49.20