GCMAsia - CrudeOIL
CrudeOIL
2018-02-27
| Resistance and Support | Level | Explanation |
| Resistance | 64.55 | H1 |
| Support | 63.70 | H1 |
CrudeOIL, H1: Crude oil price was traded lower prior retracement from trend line of ascending channel. MACD histogram that displays diminishing bullish momentum would suggest the commodity price on bias to trade lower towards minor support level at 63.70 in short term.
Resistance level: 64.55, 66.20
Support level: 63.70, 63.25