GCMAsia - CrudeOIL
CrudeOIL
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 46.55 | H1 |
| Support | 46.10 | H1 |
CrudeOIL, H1: Crude oil price remains traded within an ascending triangle following prior rebound from the bottom level. A successful closure above the resistance level of 46.55 would suggest crude oil price to extend its upward momentum towards the next target at 46.90.
Resistance level: 46.55, 46.90, 47.20
Support level: 46.10, 45.65