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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-06-28
Resistance and Support Level Explanation
Resistance 72.80 H4
Support 71.15 H4

CrudeOIL, H4: Crude oil price extended gains following prior breakout from the resistance level of 71.15. Both MA line which continues to expand upwards suggests further bullish momentum. However, a break above 72.80 is required to attain further confirmation.

 

Resistance level: 72.80, 74.90

Support level: 71.15, 69.50