GCMAsia - CrudeOIL

CrudeOIL
2018-12-27
| Resistance and Support | Level | Explanation |
| Resistance | 47.00 | H1 |
| Support | 45.20 | H1 |

CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level 47.00. MACD which illustrate diminishing bullish signal suggest the commodity to extend its retracement towards the support level 45.20.
Resistance level: 47.00, 48.50
Support level: 45.20, 43.55