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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-12-20
Resistance and Support Level Explanation
Resistance 47.50 H4
Support 45.40 H4

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from previous low level. MACD which begins to form a golden cross signal suggests the commodity price to be traded higher in short-term as technical correction.

Resistance level: 47.50, 49.50

Support level: 45.40, 43.70