GCMAsia - CrudeOIL

CrudeOIL
2018-11-23
| Resistance and Support | Level | Explanation |
| Resistance | 55.35 | H4 |
| Support | 53.90 | H4 |

CrudeOIL, H4: Crude oil price was traded lower and currently testing near the support level of 53.90. MACD which begins to form a bearish signal suggests its prices to extend its losses after successfully closing below the threshold of 53.90.
Resistance level: 55.35, 57.00
Support level: 53.90, 49.50