GCMAsia - CrudeOIL
CrudeOIL
2018-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 72.40 | H1 |
| Support | 71.25 | H1 |
CrudeOIL, H1: Crude oil price was recently traded higher while currently testing the resistance level 72.40. MACD which illustrate bullish momentum and the starting formation of a golden cross suggest the commodity to extend its gains after a breakout above the resistance level 72.40.
Resistance level: 72.40, 73.00
Support level: 71.25, 70.45