GCMAsia - CrudeOIL

CrudeOIL
2018-06-29
| Resistance and Support | Level | Explanation |
| Resistance | 74.90 | H4 |
| Support | 72.80 | H4 |

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from its highest level in six months. MACD histogram which begins to form bearish signal may suggest the commodity price to be traded lower in short-term as technical correction before continuing its major bullish bias.
Resistance level: 74.90, 76.10
Support level: 72.80, 71.15