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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-09-19
Resistance and Support Level Explanation
Resistance 52.00 Daily
Support 50.20 Daily

CrudeOIL, Daily: Price of crude oil was traded higher prior its failure to break below support level at 50.20. Upward slope of MACD signal line suggests crude oil price to further its gains toward the resistance level at 52.00.

Resistance level: 52.00, 55.00

Support level: 50.20, 48.70