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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-06-30
Resistance and Support Level Explanation
Resistance 45.20 H4
Support 44.20 H4

CrudeOIL, H4: Crude oil price extended its gains following prior formation of golden cross by both MA lines while currently testing at the resistance level of 45.20. A successful closure above this level would suggest further upward bias towards the next target at 46.70.

 

Resistance level: 45.20, 46.70

Support level: 44.20, 43.00