GCMAsia - 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