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GCMAsia -CrudeOIL
CrudeOIL
CrudeOIL
2017-10-18
Resistance and Support Level Explanation
Resistance 52.40 h4
Support 51.65 H4

CrudeOIL, H4: Crude oil price was traded higher prior its rebound from support level at 51.65. A breakout above resistance level at 52.40 is required for crude oil price to continue its momentum to trade higher toward the next resistance level at 53.00.

Resistance level: 52.40, 53.00

Support level: 51.65, 51.35