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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-03-05

CrudeOIL, H1: Crude oil price remains traded within a narrowing triangle following prior retrace from the top. MACD which illustrate diminished upward momentum suggests its prices to be traded lower in short-term, towards the lower level of the triangle.

 

Resistance level: 56.45, 57.45

Support level: 55.60, 55.15