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220819 CrudeOIL-Noon

by | Aug 22, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-08-22

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below previous support level 55.90. MACD which display bearish momentum with the formation of death cross suggest the commodity to extend its losses towards the support level 55.00.

 

Resistance level: 55.90, 56.80

Support level: 55.00, 54.05