GCMAsia - CrudeOIL
CrudeOIL
2019-01-24
| Resistance and Support | Level | Explanation |
| Resistance | 52.80 | H4 |
| Support | 51.85 | H4 |
CrudeOIL, H4: Crude oil price remains traded within an ascending channel following prior retrace from the top. MACD which illustrate bearish signal suggests the commodity price to be traded lower in short-term, towards the bottom level of the channel.
Resistance level: 52.80, 54.40
Support level: 51.85, 50.10