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200918 CrudeOIL

by | Sep 20, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-09-20
Resistance and Support Level Explanation
Resistance 71.25 H4
Support 70.45 H4

CrudeOIL, H4: Crude oil price was recently traded higher while currently testing the resistance level 71.25. MACD which illustrate persistent bullish momentum suggest the commodity to extend its gains after a breakout above the resistance level 71.25

 

Resistance level: 71.25, 72.40

Support level: 70.45, 69.50