GCMAsia - CrudeOIL
CrudeOIL
2018-12-18
| Resistance and Support | Level | Explanation |
| Resistance | 50.25 | H4 |
| Support | 49.50 | H4 |
CrudeOIL, H4: Crude oil price was traded lower following prior breakout from the strong support at 50.25. MACD which illustrate bearish signal suggests the commodity price to extend its losses after breaking the support near 49.50.
Resistance level: 50.25, 52.00
Support level: 49.50, 47.50