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040619 CrudeOIL-Noon

by | Jun 4, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-06-04

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 54.30. However, MACD which illustrate diminishing bearish momentum suggests its prices to be traded higher in short term toward the resistance level at 54.30.

 

Resistance level: 54.30, 55.90

Support level: 51.50, 50.25