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240220 CrudeOIL

by | Feb 24, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-02-24

CrudeOIL, H4: Crude oil was traded lower following prior breakout below the previous support level 52.55. MACD which illustrate ongoing bearish momentum suggest the commodity to extend its losses towards the support level 51.20.

 

Resistance level: 52.55, 54.20

Support level: 51.20, 49.55