GCMAsia - CrudeOIL

CrudeOIL
2019-07-15

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 61.05. MACD which illustrate bearish momentum signal with the formation of death cross suggest the commodity to extend its losses towards the support level 59.60
Resistance level: 61.05, 62.90
Support level: 59.60, 57.85