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040520 CrudeOIL

by | May 4, 2020 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2020-05-04

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the higher level. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 18.05.

 

Resistance level: 21.80, 25.85

Support level: 18.05, 15.70