GCMAsia - CrudeOIL
CrudeOIL
2018-07-18
| Resistance and Support | Level | Explanation |
| Resistance | 67.90 | H4 |
| Support | 65.90 | H4 |
CrudeOIL, H4: Crude oil price was traded in a consolidation phase following prior breakout from the support level of 67.90. As MACD histogram has begins to form a bullish crossover, the commodity price may be traded higher in short-term as technical correction before extending its major bearish trending.
Resistance level: 67.90, 69.30
Support level: 65.90, 64.70