GCMAsia - 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