GCMAsia - CrudeOIL
CrudeOIL
2017-08-18
| Resistance and Support | Level | Explanation |
| Resistance | 47.30 | H4 |
| Support | 46.45 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level of 46.45. Such price action suggests its price to extend higher in the short-term as technical correction. Otherwise, long-term trend direction is biased towards downside.
Resistance level: 47.30, 47.90
Support level: 46.45, 46.00