GCMAsia - CrudeOIL

CrudeOIL
2019-07-15

CrudeOIL, H4: Crude oil price was traded lower while currently testing the 20 moving average line (Red). MACD which illustrate bearish momentum suggest the commodity to extend its losses after successfully breakout below the 20 moving average line (Red).
Resistance level: 60.35, 61.30
Support level: 58.60, 57.85