83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-06-20
Resistance and Support Level Explanation
Resistance 45.30 H4
Support 44.20 H4

CrudeOIL, H4: Crude oil price remained traded within a downward channel while recently rebounded from the support level of 44.20. A closure above the 20-moving average line (red) would suggest crude oil price to move further up, towards the top level of the channel.

 

Resistance level: 45.30, 46.70

Support level: 44.20, 43.00