GCMAsia - CrudeOIL
CrudeOIL
2018-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 69.30 | H1 |
| Support | 68.40 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior re-entry into the ascending channel. However, diminishing upward momentum from the MACD may suggests the commodity price to be traded lower in short-term as technical correction.
Resistance level: 69.30, 70.00
Support level: 68.40, 67.90