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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-09-28
Resistance and Support Level Explanation
Resistance 72.50 H1
Support 71.75 H1

CrudeOIL, H1: Crude oil price remains traded within an ascending triangle while currently testing near the 20-MA line (red). MACD which begins to form a golden cross signal suggests the commodity price to be traded higher in short-term.

 

Resistance level: 72.50, 73.40

Support level: 71.75, 71.15