GCMAsia - CrudeOIL
CrudeOIL
2018-11-27
| Resistance and Support | Level | Explanation |
| Resistance | 51.95 | H1 |
| Support | 50.35 | H1 |
CrudeOIL, H1: Crude oil was traded lower following prior retracement from the resistance level at 51.95. MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 50.35.
Resistance level: 51.95, 53.20
Support level: 50.35, 49.20