GCMAsia - CrudeOIL
CrudeOIL
2018-10-31
| Resistance and Support | Level | Explanation |
| Resistance | 67.35 | H4 |
| Support | 66.10 | H4 |
CrudeOIL, H4: Crude oil price remains traded within a descending triangle formation. MACD which begins to form a death cross signal suggests the commodity price to extend its losses after closing below the strong support near 66.10.
Resistance level: 67.35, 68.55
Support level: 66.10, 64.90