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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2017-07-31
Resistance and Support Level Explanation
Resistance 50.00 Daily
Support 48.50 Daily

CrudeOIL, Daily: Crude oil price advanced further upwards following prior formation of golden cross by both MA lines. A successful closure above the psychological level of 50.00 would suggest an extension of upward momentum towards the next target at 51.50.

 

Resistance level: 50.00, 51.50

Support level: 48.50, 47.00