GCMAsia - CrudeOIL
CrudeOIL
2018-10-31
| Resistance and Support | Level | Explanation |
| Resistance | 67.70 | H4 |
| Support | 66.10 | H4 |
CrudeOIL, H4: Crude oil was traded higher following prior rebound from the support level at 66.10. MACD which illustrate diminishing of bearish momentum and the formation of golden cross suggest the commodity to be traded higher in short term toward the resistance level at 67.70.
Resistance level: 67.70, 68.50,
Support level: 66.10, 64.20