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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2018-07-30
Resistance and Support Level Explanation
Resistance 70.45 Daily
Support 68.40 Daily

CrudeOIL, Daily: Crude oil price was traded lower following prior retrace from the 20-MA line (red). Both MA line which continues to narrow downward suggests the commodity price to be traded lower in short-term after closing below the 60-MA line (green).

 

Resistance level: 70.45, 74.00

Support level: 68.40, 66.40