GCMAsia - CrudeOIL
CrudeOIL
2017-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 49.00 | H1 |
| Support | 48.40 | H1 |
CrudeOIL, H1: Crude oil price were traded lower following the lack of bullish momentum near the psychological level of 49.00. MACD which illustrates a divergence signal suggests crude oil price to be traded lower in short-term, towards the target of support level at 48.40.
Resistance level: 49.00, 49.65
Support level: 48.40, 47.75