GCMAsia - CrudeOIL
CrudeOIL
2018-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 69.75 | H1 |
| Support | 69.30 | H1 |
CrudeOIL, H1: Crude oil price remains traded within a sideways channel following prior retrace from the top level. Stochastic Oscillator which forms a death cross formation suggests the commodity price to be traded lower in short-term after breaking the target near 69.30.
Resistance level: 69.75, 70.65
Support level: 69.30, 68.55