GCMAsia - CrudeOIL
CrudeOIL
2018-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 70.00 | H1 |
| Support | 69.30 | H1 |
CrudeOIL, H1: Crude oil price remains traded within an ascending channel while currently testing at the lower level. MACD histogram which has formed negative divergence signal suggest the commodity price to extend its losses towards the bottom level of the channel.
Resistance level: 70.00, 70.70
Support level: 69.30, 68.85