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030419 CrudeOIL

by | Apr 3, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-04-03

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 62.50. However, MACD which display diminishing bullish momentum suggest the commodity to undergo short-term technical correction and retrace towards the support level 61.85.

 

Resistance level: 62.50, 63.30

Support level: 61.85, 61.15