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050619 CrudeOIL

by | Jun 5, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-06-05

CrudeOIL, H1: Crude oil price remained traded in a sideway channel after rebounding from the support level 52.65. MACD which illustrate bullish bias signal suggest the commodity to extend its rebound towards the resistance level 53.85.

 

Resistance level: 53.85, 55.05

Support level: 52.65, 50.50