GCMAsia - CrudeOIL
CrudeOIL
2018-12-26
| Resistance and Support | Level | Explanation |
| Resistance | 43.75 | H1 |
| Support | 42.25 | H1 |
CrudeOIL, H1: Crude oil price was traded lower while currently testing near the support level 42.50. MACD which illustrate diminishing bearish momentum suggest the commodity to undergo short-term technical correction and rebound from the support level.
Resistance level: 43.75, 45.50
Support level: 42.25, 40.00