GCMAsia - CrudeOIL

CrudeOIL
2018-12-20
| Resistance and Support | Level | Explanation |
| Resistance | 47.40 | H1 |
| Support | 46.20 | H1 |

CrudeOIL, H1: Crude oil price was traded lower following prior breakout from the previous support level at 47.40. MACD which illustrate bearish momentum suggest the pair to extend its losses toward the support level at 46.20.
Resistance level: 47.40, 48.40
Support level: 46.20, 45.20