GCMAsia - CrudeOIL
CrudeOIL
2018-09-28
| Resistance and Support | Level | Explanation |
| Resistance | 72.40 | H1 |
| Support | 71.25 | H1 |
CrudeOIL, H1: Crude oil price remains traded within an ascending triangle while currently testing near the mid-level of the triangle. MACD which illustrate starting bullish momentum and the formation of golden cross suggest the commodity to be traded higher after a breakout above the triangle and resistance level 72.40.
Resistance level: 72.40, 73.00
Support level: 71.25, 70.45