GCMAsia - CrudeOIL
CrudeOIL
2017-10-31
| Resistance and Support | Level | Explanation |
| Resistance | 54.20 | H4 |
| Support | 53.50 | H4 |
CrudeOIL, H4: Crude oil price were traded in an uptrend while currently consolidating near the resistance level of 54.20. Both MA line which continues to expand upwards suggest further upside bias and a break above the target of 54.20 would provide further confirmation.
Resistance level: 54.20, 54.75
Support level: 53.50, 52.60