GCMAsia - CrudeOIL
CrudeOIL
2017-08-29
| Resistance and Support | Level | Explanation |
| Resistance | 47.15 | H4 |
| Support | 46.65 | H4 |
CrudeOIL, H4: Crude oil price remains traded within a downward wedge following prior rebound from the support level of 46.15. Stochastic Oscillator which illustrate a rebound signal from oversold region suggests short-term upside bias for crude oil price to advance towards 47.15.
Resistance level: 47.15, 47.80
Support level: 46.65, 46.15