GCMAsia - CrudeOIL

CrudeOIL
2019-01-30
| Resistance and Support | Level | Explanation |
| Resistance | 53.70 | H1 |
| Support | 52.80 | H1 |

CrudeOIL, H1: Crude oil price was traded higher following a rebound from its previous low. However, MACD which illustrate diminished upward momentum suggests its prices to be traded lower in short-term as technical correction.
Resistance level: 53.70, 54.40
Support level: 52.80, 51.85