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010319 CrudeOIL-Noon

by | Mar 1, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-03-01

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 57.50. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short term technical correction towards the support level 55.75.

 

Resistance level: 57.50, 59.20

Support level: 55.75, 54.30