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Technical Analysis of Crude Oil Intraday Price Movement. Monday, May 18, 2026
CRUDE OILBoth EMAs which is forming
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CRUDE OILBoth EMAs which is forming a Golden Cross and RSI(14) in the Neutral-Bullish level indicate the strengthening condition in #CL, so in the near term there is potential to test the nearest resistance level. Key Levels1. Resistance. 2 : 108.872. Resistance. 1 : 107.243. Pivot : 104.364. Support. 1 : 102.735. Support. 2 : 99.85Tactical ScenarioPositive Reaction Zone: If the price breaks out above 107.24,
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Arief Makmur
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