GCMAsia - CrudeOIL

CrudeOIL
2018-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 67.40 | H4 |
| Support | 65.75 | H4 |

CrudeOIL, H4: Crude oil price was traded higher following a rebound near the support level at 65.75. Diminishing downward momentum from MACD histogram may suggests the crude oil price to be traded higher in short-term as technical correction before extend its bearish bias for the mid-term.
Resistance level: 67.40, 68.30
Support level: 65.75, 64.05