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101120 CrudeOIL

by | Nov 10, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-11-10

CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 39.75. MACD which illustrate diminishing bullish momentum signal suggest the commodity to extend its losses after it successfully breakout below the support level at 39.75.

 

Resistance level: 40.75, 41.45

Support level: 39.75, 39.05