GCMAsia - CrudeOIL
CrudeOIL
2018-06-27
| Resistance and Support | Level | Explanation |
| Resistance | 71.15 | H4 |
| Support | 69.50 | H4 |
CrudeOIL, H4: Crude oil price rose sharply following prior rebound from the 20-MA line (red). Both MA line and MACD histogram which continues to illustrate bullish signal suggests the commodity price to extend its gains towards the direction of resistance level near 71.15.
Resistance level: 71.15, 72.80
Support level: 69.50, 67.40