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200521 CrudeOIL-Noon

by | May 20, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-05-20

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 64.25. MACD which illustrate bearish momentum signal suggest the commodity to extend its losses towards the support level 62.35.

 

Resistance level: 64.25, 66.60

Support level: 62.35, 60.75