GCMAsia - CrudeOIL
CrudeOIL
2018-10-22
| Resistance and Support | Level | Explanation |
| Resistance | 69.30 | H1 |
| Support | 68.55 | H1 |
CrudeOIL, H1: Crude oil price was traded lower following prior retrace from the 60-MA line (green). MACD which begins to form a death cross signal suggests the commodity price to extend its losses after closing below the 20-MA line (red).
Resistance level: 69.30, 70.65
Support level: 68.55, 67.35