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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-08-14

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level at 56.80. MACD which display diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 55.90.

 

Resistance level: 56.80, 57.85
Support level: 55.90, 54.65