GCMAsia - CrudeOIL
CrudeOIL
2017-09-25
| Resistance and Support | Level | Explanation |
| Resistance | 51.65 | Daily |
| Support | 50.00 | Daily |
CrudeOIL, Daily: Crude oil price was traded within an upward wedge following prior retracement from the top level. MACD indicator which illustrate diminishing upward momentum suggests its prices to be traded lower in short-term, towards the support level of 50.00.
Resistance level: 51.65, 53.00
Support level: 50.00, 48.50