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281218 CrudeOIL-Noon

by | Dec 28, 2018 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-12-28
Resistance and Support Level Explanation
Resistance 47.00 H1
Support 44.85 H1

CrudeOIL, H1: Crude oil price was traded higher following prior rebound near the support level 44.85. MACD which illustrate starting bullish momentum and the formation of golden cross suggest the commodity to extend its rebound towards the resistance level 47.00.

Resistance level: 47.00, 48.35

Support level: 44.85, 43.70