GCMAsia - CrudeOIL
CrudeOIL
2017-06-28
| Resistance and Support | Level | Explanation |
| Resistance | 44.40 | H4 |
| Support | 43.15 | H4 |
CrudeOIL, H4: Crude oil price was traded higher following prior breakout from top level of downward channel, signaling a change in trend direction to move further upwards. As both MA lines continue to narrow upwards, a closure above the resistance level of 44.40 would suggest crude oil price to extend its upward momentum.
Resistance level: 44.40, 45.85
Support level: 43.15, 42.00