GCMAsia - CrudeOIL
CrudeOIL
2018-07-26
| Resistance and Support | Level | Explanation |
| Resistance | 70.00 | H1 |
| Support | 69.30 | H1 |
CrudeOIL, H1: Crude oil price remains traded within an ascending channel while recently rebounds from the support level of 69.30. MACD which continues to illustrate bullish signal suggests the commodity price to extend its gains, towards the direction of strong resistance level near 70.00.
Resistance level: 70.00, 70.70
Support level: 69.30, 68.85