GCMAsia - CrudeOIL

CrudeOIL
2019-01-25
Resistance and Support | Level | Explanation |
Resistance | 54.55 | H4 |
Support | 52.85 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 52.85. MACD which display diminishing bearish momentum suggest the commodity to extend its gains towards the resistance level 54.55.
Resistance level: 54.55, 57.80
Support level: 52.85, 50.30