GCMAsia - CrudeOIL

CrudeOIL
2018-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 67.05 | H1 |
| Support | 66.10 | H1 |

CrudeOIL, H1: Crude oil was traded lower following prior breakout from the previous support level at 67.05. MACD which illustrate bearish momentum and formation of death cross suggest the commodity to extend its losses toward the support level at 66.10.
Resistance level: 67.05, 67.45
Support level: 66.10, 64.20