GCMAsia - CrudeOIL
CrudeOIL
2019-01-31
| Resistance and Support | Level | Explanation |
| Resistance | 54.55 | H4 |
| Support | 51.75 | H4 |
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 54.55. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo a technical correction in short term towards the support level 51.75.
Resistance level: 54.55, 57.80
Support level: 51.75, 48.35