GCMAsia - CrudeOIL
CrudeOIL
2018-03-29
| Resistance and Support | Level | Explanation |
| Resistance | 64.60 | H4 |
| Support | 64.10 | H4 |
CrudeOIL, H4: Crude oil price was traded higher prior its failure to break support level at 64.10. The commodity price is currently testing the resistance level at 64.60. MACD histogram that portrays diminishing bearish momentum would suggest crude oil price to extend higher if candlestick successfully closes above the said resistance level.
Resistance level: 64.60, 65.25
Support level: 64.10, 63.55