GCMAsia - CrudeOIL
CrudeOIL
2018-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 67.35 | H1 |
| Support | 66.10 | H1 |
CrudeOIL, H1: Crude oil remains traded within a sideways channel following prior retrace from the top level. MACD which illustrate the formation of bearish signal suggests the commodity price to be traded lower in short-term after closing below the 60-MA line (green).
Resistance level: 67.35, 68.55
Support level: 66.10, 64.90