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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-09-18
Resistance and Support Level Explanation
Resistance 68.55 H1
Support 67.30 H1

CrudeOIL, H1: Crude oil price was recently traded lower following prior breakout below the previous support level 68.55. MACD which illustrate a bearish momentum suggest the commodity to extend its losses towards the support level 67.30.

 

Resistance level: 68.55, 69.55

Support level: 67.30, 66.80