GCMAsia - Crude Oil

CrudeOIL
2017-04-28
| Resistance and Support | Level | Explanation |
| Resistance | 49.40 | H1 |
| Support | 48.95 | H1 |

CrudeOIL, H1: Crude oil price remains traded within a downward channel following prior rebound from bottom level of the channel. A closure above the resistance level of 49.40 would suggest crude oil price to advance towards the upper level of the channel.
Resistance level: 49.40, 49.80
Support level: 48.95, 48.20