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040319 CrudeOIL-Noon

by | Mar 4, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-03-04

CrudeOIL, H4: Crude oil price was traded lower while currently testing near the support level 55.75. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher as a technical correction towards the resistance level 57.50.

 

Resistance level: 57.50, 59.20

Support level: 55.75, 54.30