CRUDE OIL

Focus on the main support level of 56.40 in the Crude Oil Price. As long as the price stays above 56.40, on a four hourly basis, the downward movement may be limited and we will watch 57.98 as a resistance level again. On the downside, if the price drops below 56.40, the daily support level can be found at 54.68.

Support : 56.40 - 54.68 - 53.51

Resistance : 57.98 - 58.95 - 60.20

19 Nov 19 (Tue)

08:54 am