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040619 CrudeOIL

by | Jun 4, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-06-04

CrudeOIL, H4: Crude oil price was traded flat in a sideway channel after it breaks below the previous support level 53.75. However, MACD which illustrate bullish bias signal with the starting formation of golden cross suggest the commodity to be traded higher towards the current resistance level 53.75.

 

Resistance level: 53.75, 54.90

Support level: 52.05, 50.55