GCMAsia - CrudeOIL
CrudeOIL
2018-05-24
| Resistance and Support | Level | Explanation |
| Resistance | 71.80 | H1 |
| Support | 71.20 | H1 |
CrudeOIL, H1: Crude oil price was traded lower prior its failure to break resistance level at 71.75. MACD signal line that portrays weakness in bullish momentum would suggest the commodity price to extend its losses if candlestick closes below the previous low.
Resistance level: 71.80, 72.20
Support level: 71.20, 70.60