GCMAsia - CrudeOIL

CrudeOIL
2018-10-30
| Resistance and Support | Level | Explanation |
| Resistance | 67.35 | H1 |
| Support | 66.10 | H1 |

CrudeOIL, H1: Crude oil price remains traded within an ascending channel following prior rebound from the bottom level. MACD which illustrate diminishing downward momentum suggests the commodity price to be traded higher in short-term as technical correction.
Resistance level: 67.35, 68.55
Support level: 66.10, 64.90