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180320 CrudeOIL

by | Mar 18, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-03-18

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 28.05. MACD which illustrate bearish momentum signals with the formation of death cross suggest the commodity to extend its losses towards the support level 21.65.

 

Resistance level: 35.30, 43.25

Support level: 21.65, 14.00