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071019 CrudeOIL

by | Oct 7, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-10-07

CrudeOIL, H4: Crude oil price traded flat near the resistance level. However, MACD which indicate diminishing bullish momentum suggest the commodity to be traded lower towards the support level 50.50.

 

Resistance level: 53.00, 55.30

Support level: 50.50, 48.35