83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-05-28
Resistance and Support Level Explanation
Resistance 69.30 Daily
Support 67.30 Daily

CrudeOIL, Daily: Crude oil price plunged sharply following previous retracement from the resistance level at 72.50. MACD histogram which illustrate bearish signal suggest the commodity price to extend its losses after breaking the strong support level at 67.30.

 

Resistance level: 69.30, 72.50

Support level: 67.30, 65.70