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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-10-19
Resistance and Support Level Explanation
Resistance 69.40 H4
Support 68.70 H4

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 68.70. MACD which display starting bullish momentum suggest the commodity to extend its rebound towards the resistance level 70.25.

 

Resistance level: 69.40, 70.25

Support level: 68.70, 67.90