GCMAsia - CrudeOIL
CrudeOIL
2018-02-28
| Resistance and Support | Level | Explanation |
| Resistance | 63.25 | H4 |
| Support | 61.80 | H4 |
CrudeOIL, H4: Crude oil price was traded lower after breaking support level at 63.25 and 200-MA line. MACD histogram that shows increasing bearish momentum would suggest the commodity price to extend its losses towards the next support level at 61.80.
Resistance level: 63.25, 64.55
Support level: 61.80, 60.20