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GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-06-08

CrudeOIL, H1: Crude oil price was traded lower following prior breakout below the previous support level at 69.35. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 68.70.

 

Resistance level: 69.35, 69.80

Support level: 68.70, 67.90