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050719 CrudeOIL-Noon

by | Jul 5, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-07-05

CrudeOIL, H4: Crude oil price remain traded in a sideway channel following recent retracement from the resistance level 57.55. Due to lack of momentum and clear direction from MACD, it is suggested to wait until further signal appear such as breakout above the resistance level or below the support level before entering the market.

 

Resistance level: 57.55, 59.60
Support level: 56.00, 54.50