GCMAsia - CrudeOIL
CrudeOIL
2017-08-30
| Resistance and Support | Level | Explanation |
| Resistance | 47.00 | Daily |
| Support | 45.50 | Daily |
CrudeOIL, Daily: Crude oil price extended its losses following prior closure below the 60-MA line (green). Both MA lines which begins to narrow downwards suggests further downside bias for its prices to advance towards the support level of 45.50.
Resistance level: 47.00, 48.50
Support level: 45.50, 43.80