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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-03-26
Resistance and Support Level Explanation
Resistance 66.65 Daily
Support 63.75 Daily

CrudeOIL, Daily: Crude oil price extended gains following prior breakout from the top level of narrowing triangle. Both MA lines which continues to narrow upwards may suggest the commodity price to advance further up after successfully breaking the strong resistance level at 66.65.

 

Resistance level: 66.65, 69.10

Support level: 63.75, 60.80