GCMAsia - CrudeOIL
CrudeOIL
2017-08-28
| Resistance and Support | Level | Explanation |
| Resistance | 48.50 | Daily |
| Support | 47.00 | Daily |
CrudeOIL, Daily: Crude oil price remains traded within a narrowing triangle while currently testing at the bottom level of the triangle. A successful breakout from this level would signal a change in trend direction to move further downwards while the next target would be at 47.00.
Resistance level: 48.50, 50.00
Support level: 47.00, 45.50