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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-28
Resistance and Support Level Explanation
Resistance 53.75 H1
Support 52.80 H1

CrudeOIL, H1: Crude oil price remains traded within a narrowing triangle following prior retracement from the top level. MACD which illustrate bearish signal suggests its prices to be traded lower in short-term, towards the direction of 52.80.

 

Resistance level: 53.75, 54.40

Support level: 52.80, 51.85