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120320 CrudeOIL

by | Mar 12, 2020 | Crudeoil | 0 comments

GCMAsia- CrudeOIL
CrudeOIL
CrudeOIL
2020-03-12

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 35.05. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement in short term towards the support level 30.60.

 

Resistance level: 35.05, 39.25

Support level: 30.60, 27.20