GCMAsia - CrudeOIL
CrudeOIL
2018-12-31
| Resistance and Support | Level | Explanation |
| Resistance | 47.00 | H1 |
| Support | 45.20 | H1 |
CrudeOIL, H1: Crude oil price was traded higher following prior breakout above the previous resistance level 45.20. MACD which display bullish signal and the formation of golden cross suggest the commodity to extend its gains towards the resistance level 47.00.
Resistance level: 47.00, 48.50
Support level: 45.20, 43.55