GCMAsia - CrudeOIL
CrudeOIL
2018-06-20
| Resistance and Support | Level | Explanation |
| Resistance | 65.75 | H4 |
| Support | 64.10 | H4 |
CrudeOIL, H4: Crude oil price remains traded within a descending wedge following prior rebound from the lower level. Both MA histogram and Stochastic Oscillator which illustrate bullish signal suggest crude oil price to extend its gains after closing above the 20-MA line (red).
Resistance level: 65.75, 67.40
Support level: 64.10, 62.90